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"A Family Tradition for 130 Years" PORT PERRY STAR - Tuesday, June 11, 1996 - 11 Rebounding market is hailed by local realtors By Jeff Mitchell Port Perry Star The revival of Durham's real estate mar- ket has continued through the first half of the year, with realtors moving more than $329 million worth of property since January. The sustained increase has Durham Region Real Estate Board president Dean West projecting higher sales on into the summer months. That's more optimistic than his comments earlier this year, when he took a wait- and-see approach to ini- tial increases from January to March. "It has been a spring which has seen consider- ably more activity than the first five months of 1995," said Mr. West last week. "Our figures indicate the total dollar volume is up by almost 40 per cent over last year's volume. The economy appears to be posed for continued activity, and we're excited about this trend extend- ing well into the summer months." The board also points IIIT IY DURNAM METAL AH) ps toward statistics that indicate good news for home sellers: The average time a listing remains on the market before selling has been decreasing grad- ually since January, and is currently 49 days. As well, vendors are getting, on average, 96 per cent of their list price. Prices are up between 2 and 4 per cent in most areas of the region except Scugog, where they remain on par with 1995, and in Clarington, where, on average, they're actu- ally down 2.4 per cent. Mr. West said a combi- nation of factors, includ- ing low interest rates and eager first-time buyers, are helping sustain the renewed real estate mar- ket here. "It appears first-time home buyers are still a major factor in the buoy- ant spring market," he said. "An active market is allowing home owners to sell their existing home and to make the move up to a larger one." NESTLETON CORRESPONDENT The Port Perry Star is looking for a person or persons from the Nestleton area to write the weekly news for the community until long-time writer Mabel Cawker is well enough to take on the duties. again. If you are interested - please call Jeff at the Star - 985-7383 Forder-Parks Insurance Brokers Inc. C8 HOF 5 YEAR Personal attention to all of 0.75% 985-8471 34 Water St., Port Perry, Ontario L9L1]J2 our best rate Subject to change without notice PRESHAB GARAGE: PEELS EAS 4 Y o iI 50 * J lH] 0) 5 l : =emama ii 11 PICK FROM ONE OF OUR 30 STANDARD PACKAGES, OR CUSTOMIZE YQUR OWN. CALL FOR DETAILS *Prices subject to change without notice 1-800-637-9379 LOCAL CALLS (905) 697-2428 COURTICE, ONTARIO Business Hours: 8:30 am to 5:00 pm Inquiries after hours: Please leave message, call will be retumed at your convenience. A OLYMPICS NOT JUST FOR ATHLETES: A group of RH Cornish students par- ticipated In the Durham Math Olympics at Ajax High School on May 23. They competed against 40 other schools in Durham and came in second place. The victory advanced them to the All Ontario Math Olympics in Scarborough on June 1 as one of two schools to represent Durham. The group of students did relative- ly well and had a good time at the All Ontario competition. The team coach is Mr. Friede. In picture are members: 14-year-old Paul Nguyen (back,left), 14-year-old Cortney Paliseke (back, right), 12-year-old Karlyn Allwart (front, right) and 12- year-old Alex Dickson (front, left). [=] Goodwrench = Service/ 7s OX & Fite Farts Oper § £26.95 Saturday ne H Wat am to noon 29 minules or tess or vstone FREE] Spring Combo Maintenance Tune-Up We do Lube, Oil & Filter 3 & 4cyl. from * 50 pt. Airline style S79 ih inspection - * Tire rotation most GM * Free washer jug reg. $106. "$39.95 Goodwrench Cooling Brake Szeci/ | System Flush 599.95 $79.95 most GM most GM Two Front Or Two Rear Includes: labour and up to Includes: Labour & new 8 litres antifreeze 6 cyl. $89.95 « 8 cyl. $99.95 Includes: new spark plugs (platinum extra) Inspect: air filter, belts, hoses and pc valve ignition wires & cap, visual battery check & road test Air Conditionin Service Specia $29.95 =: Ensure Your Hot Weather Driving Comfort Includes: check for leaks, Goodwrench pads.or 7 he hol weather performance test system, adjust shoes, Lifetime warranty, Ye oming. e compressor belt if required, clean (machining rotors or 8 7 for i! debris from condensor (repairs and drums extra if required) prep freon extra if required) Service and V2 arly Dept ander new management = Come 15 and preasalry aga! PONTIAC BUICK LIMITED 10 Vanedward Drive Sales 7 085-8474 gar Leasing Drive a little further...save a whole lot more! 985-8514