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HC Forecasts 172.000 New Homes Home construction is expected to rise 2.3 per 1 cent this year to 172,100 units, according to a report released by Canada Mortgage and Housing Corporation. The agency's second quarter National Housing Outlook also forecasts a further rise of 10.6 per cent to 190,400 units for 1994. "After a slow start in 1993, home construction is expected to get a boost from the stronger economy expected expected later this year and into 1994. The market will also remain affordable affordable and continue to benefit from the two federally sponsored homeowner- ship programs, and strong population growth," explained Gilles Proulx, Chief economist at CMHC's Market Analysis Centre. "As well, the forecast reflects the weakness suffered by new and resale markets at the beginning of year and the impact of reduced commitments for social housing units," Proulx added. added. Construction of singlc-dctachcd dwellings is forecast to increase nearly nearly seven per cent to 99,300 units this year and another twelve'per cent in 1994. High apartment vacancy rates and reduced social housing units will result in a slight drop in multiple unit construction to 72,800 units this year. A rebound of approximately nine per cent is expected for 1994 due to private private market units. Provincial Highlights Regionally, Western provinces should show the best performance in' 1993, with the exception of Alberta where starts will be lower, following a strong surge last year. Total starts arc expected to rise five to seven per cent in Quebec, New Brunswick and Newfoundland. They should decline, however, in Ontario, Nova Scotia and PEI due to lower construction of multiple multiple units. During 1994, all provinces arc expected expected to sec higher home construction construction activity, with Ontario and Quebec Quebec recording the largest increases as their manufacturing sectors improve. Resale Activity and House Price Forecast Activity on the resale market will be restrained, falling by approximately approximately three per cent this year after two strong annual advances. The existing market benefited from the national homcowncrship programs established in 1992. Although this will remain favourable, favourable, the low level of activity at the beginning of 1993 will pull down the annual total. The outlook for 1994 is positive with an increase of about- five per cent in existing home' sales. Average resale prices will remain fairly stable. The only province to exceed exceed an increase of four per cent his year will be British Columbia, where a strong market will push the average price up by more than ten per cent. For 1994, expectations arc for average average price increases for provinces to range between zero and four per cent. The Canadian Statesman, Bowmanville, Wednesday, June 2,1993 11 Although the huge Re/Max hot air balloon never got off the ground because of strong winds, agent Helen Smith helped 18-month-old Morgan James launch a smaller version during the Courtice Carnival festivities on Saturday at Courtice Secondary School. cornerstone realty ltd., realtor 104 king st. e., bowmanville 623-6000 428-1206 (Toronto Line) If*"* experience ets results'. ** Associate Brokers * Sales Representatives .Mj 'iilBSj EXECUTIVE TRANSFERRED David Passant** Enjoy luxury living in this totally finished newer "Ruthtowne" model on quiet crescent. 4 spacious bedrooms, rec room, exercise room, built-in wet bar, office, main floor family room, thousands of dollars in upgrades! Take a dip in the 20 x 40' heated pool. Over 3400 sq. ft. oi living space. Reduced to $219,000. Call David Passant", Associate Broker 623-6000. 18 Years of Real Estate Experience in Durham Region. NEW HOMES OPEN HOUSE THIS WEEKEND Sat., June 5th - Sun., June 6th 1-5 p.m. 61 Soper Creek Drive Bowmanville Several models available from $146,900. Doug Humphrey JUST LISTED 7.3 acres plus 3 bedroom bungalow. Located at Lamb's Rd. N. and Hwy. 2 east of Bowmanville. Presently tenanted, Asking only $149,900. BOWMANVILLE - 8-PLEX Excellent one owner. Great investment or live in it yourself! Asking $425,000. -- - ~v- ■ BEST BUY IN NEWCASTLE Well decorated with huge, fenced, court lot. $139,900.!! To view call Doug Humphrey**, Broker, Member of Remax Hall of Fame - 623-6000 Rod Doris** Associate Broker 623-6000 or 987-1832 Res. IF YOU CAN PAY RENT, YOU CAN OWN THIS HOME-$126,490. Forced air gas heat, fenced yard, paved drive, 15 months new. Call for more details. For professionalism at its best • call the name people recommend to friends. Paul DeJager* UMH OH WHAT A VIEW 51 ACRE FARM Great hobby farm, 2 road frontages, large silo, granary. 15 minutes from downtown Bowmanville. Asking $259,900. Call Paul DeJager* 623-6000 or 623-2712 for details. NEW PRICE - GREAT DEAL - $115,000. 3 bedroom home with garage, eat-in kitchen. Great financing, 8.25% till 1995. A must to see. Gas heated. Joann Jukes* JUST REDUCED NOW $126,900. Nice area of Bowmanville. 3 or 4 bedrooms, bedrooms, large country kitchen with sliding glass walkout to deck and pool, Includes 4 appliances. Call today. ^ Joann Jukes* 623-6000 Tony Klompmaker* ORONO Beautiful 4 bedroom Victorian centre hall plan. This home is loaded with charm and a must to see for those who value the quality of yesteryear. Reduced to $187,500. Call Tony Klompmaker** 623-6000 or 263-4448 . OPEN HOUSE Saturday, June 5th Sunday, June 6th 2-4 p.m. 4ASHDALE CRESCENT 4 bedroom semi with 1 1/2 baths, new windows throughout, garage. Kay Brown will greet you. Call Kay Brown* 623-6000, Toronto 428-1206, Res. 623-3150 FIRST TIME BUYERS OR RETIREES Northend 2 bedroom bungalow bungalow on deep lot with double drive. Newer gas furnace for efficient heat. Call now. James or Ellen Bush ATTENTION BUSY EXECUTIVES 2 storey 4 bedroom home close to all amenities. Main floor family room with fireplace, fireplace, ceramic and oak flooring, full finished basement, basement, 20 x 40' inground pool A must to see, call now. WHY NOT SPREAD OUT Family home completely upgraded. 3 + 1 bedroom, open concept main floor with new broadloom. 16 x 32' inground pool and 18 x 20' deck. Call now. This one won't last! Ellen Bush** MORE FOR YOUR MONEY 2 storey 3 + 2 bedroom home on quiet court. Main floor family family room with woodstove, 2 baths and finished basement. Call now to view your next home. Don't Beat Around the Bush. Call James* or Ellen Bush** 623-6000 or 623-8512. COMMERCIAL (C-1) NEWCASTLE Excellent 135* x 19V site on Hwy. 2. Presently has a house and workshop. Asking $459,000. with vendor 85 ACRES KENDALAREA Beautiful acreage with Ganaraska River flowing through. Hardwood bush plus 30 acres clear. Asking $119,900. To view call Doug Humphrey**, Broker, Member of Remax Hall of Fame - 623-6000 I ü f '-'f Av |l • 1; 1 - m BS8E «•«ne».. -JtB Linda McLennan* e WALK TO MALL VENDOR SAYS SELL Super3bedroom family home. Gas gj d0sp |j t on 1 acre | 0t surround- healed, wood-burning fireplace. ed b / appl0 orchards . $ 139| 831. Call Linda McLennan* 623-6000 associate broker 623-6000 CALL FOR A FREE APPRAISAL ® 2utet, THotuic "SoumunwilU Solid brick bungalow - finished top to bottom with a total of five bedrooms, two baths, rec room and separate side entrance. Loads of living space, sparkling clean and upgraded with new vinyl windows - terrific private, fenced yard! SfreUU/Md- "!Re&lMt 9K Sfauttf 'VUtoyc Street Live in the huge family room wil fireplace, overlooking the privai halt acre lot, with lovely matui landscaping. Enjoy gas furnace! JÜ8SP M ^ KrdWww? Look no further. This immaculate home comes with central air, central central vac, gas furnace, eat-in kitchen, kitchen, double garage with house entrance, fully fenced yard and court location - only four years oldl /t tyiceU 'Ptexcc to- IRctiie. Beautifully renovated with new greenhouse kitchen, new bath, main floor laundry, hardwood floors, walkout to largo deck, four bedrooms, and huge fenced yard. Located on a quiet village side street! * * * JUST LISTED * * * DELUXE COUNTRY LIVING FOR THE YOUNG AND THE YOUNG AT HEART! it; Fabulous 10 acre property - rolling contours, lots of trees, terrific view and privacy plus! Top quality brick and stone bungalow Includes largo oat-ln kitchen with walkout to raised dock, great roc room with huge stone fireplace and walkout to 16' x 32' inground pooll Don't miss this one... $259,900. SALLY STAPLES** 623-6000 SALLY STAPLES** DOUBLE YOUR SERVICE - CALL CAROL HALLMAN* OR DIANNE WARREN Office 623-6000 (24 hr. Pager) e FOR THE FIRST TIME HOME BUYERS Carol Hallman* OPEN HOUSE $44,000. - START HEREI BEDROOM " 55 M cmTuimpr?^ ANVILLE 12' x GO' mobile. 2 bodrooms, Totally ronovntod, mnlnlonnnco Q| r . wnvorioy Notl'li to Lnw'ronco now Jacuzzi both, woodslovo In Iron oxlorlor, 0 appliances. Double Q n '| 0 oast to Rhonda north to living room, 2 car parking, pavod drlvo, Closo to nil omonltlos. McCrlmmon. Watch for nontax signs. For Information On Properties Call Dianne or Carol at 623-6000 (24 hr. pager) or 428-1206 (Tor, line) $158,051. -1723 SO. FT. OF LUXURY 3 bodrooms, 3 baths, main floor family will) llroplnco, Main floor laundry, Too many upgrades to list! This homo Is a must to sool George Feddoma* Legal non conforming duplex. Has e .. . . . .... boon renovated insido. Fully rontod In n " Oslinwn. Only $114,900. law apartment. Only $98,500. Call George Feddema* at 263-4451 or Remax Cornerstone 623-6000 m Ron Moore* LOOK ATTHISl 1500 sq, It. 2 oloroy soml In now subdivision cloao to schools and shopping, 3 bodrooms, onsullo In mnslor bodroom, wnlk-ln closol, 3 baths and nttachod gnrngo. All lor $143,000. Call now Ron Moore* 623-6000 or 623-9263 $159,900. MOVES YOU INTO THIS "BUY OF THE MONTH" Air conditioned 3 bodroom brick bungalow. Largo country lot 15 minutes from Osltnwa. I lugo roc room will) llroplnco. Largo principle rooms. Call Lana Rickard* 623-6000 or 987-3864. SAY GOODBYE TO YOUR LANDLORD. SAY HELLO TO YOUR NEW This Ihroo bodroom soml Is llnlshod top to bottom and Is located In a doslrnblo family neighborhood within walking dlstnnco to schools, parks, and shopping, Nlcoly docornlod and In movo-ln condition, It also lonturos a nowor rool, Dost of all. It Is now valued priced at fin $115,5001 Crontlvo available. i mincing 4 DOREEN ORES., SUNDAY, JUNE 6,2-4 p.m. Looking for home value? Call Rob Donnelly* today at 623-6000. JÜ