een REO COCR EL Nee EAE

REE EE

quarter

iouse

NATIONAL HOUSING | starts
reached. a seasonally adjusted
annual rate (BAAR)* of 104,700
- units during the third quarter of
1995, 3% lower than the 108,300
- (SAAR) units started: during. the
April-June period, reported
Canada Mortgage’ and Housing
Corporation (CMHC). :
“Although. quarterly starts are
‘slightly lower, there are signs they
are picking up. One ‘sign is the
‘positive resale market, on a recov-
ery since last May,” said CMHC
” senior economist Michel
Laurence. “Another is that unsold
inventories of new homes fell
“markedly during the summer, and

the monthly details, from July to .

September, show rising starts.”
: Construction of single-detached
“Units inched down to 63,200 units
(SAAR) while’ multiple unit con-
~ struction fell. to..41,500: units
J (SAAR).
“Housing starts rose ‘in Ontario

_ and the Prairie region, while lower’
~ Numbers. were reported :in- B.C., -

is Quebec and the Atlantic region.
~s>. Qatario . starts; rose. to 33,700
units from 33,300 units (SAAR). A

 Modevate increase in multiple unit ©:

construction offset a decline in sin-
 Ble-detached: constructicn.” Resale
“markets in‘the. province bounced

back strongly since the early part

Sta rts

of the year.

British Columbia new construc-
tion fell to 25,000 from 26.800
units (SAAR), as a result of fewer
multiple unit starts. Single-
detached starts held steady.

Housing starts in Quebec fell to
19,300 units from 23,100 units
(SAAR). This resulted in an casing
of inventory levels. The resale
market is recording moderate
advances. ;

In the Prairie region, new con-
struction rose to 18,200 units dur-
ing the third quarter, up from
16,000 units in the April-June peri-
od. Greater activity was. recorded
for both single-detached and mul-
tiple-unit structures.

Construction rose to 13,900

-units (SAAR) in Alberta and to

2,300 units (SAAR) in Manitoba.
Totals were down marginally to
2,000 units (SAAR) in
Saskatchewan. ;

- Home construction in the

Atlantic region fell to 8,500 units .

(SAAR) from 9,100 units the pre-
vious quarter. New construction

“vy rose to 2,600 units (SAAR) in New

Brunswick’ and to. 1,900 ‘units
(SAAR) in Newfoundland:

* The SAAR is a quarterly fig-

ure that is adjusted ta. remove sea-

sonal variation and multiplied by.

four to reflect annual levels.

4 Gold Master
Member ©
12 Yoars

” 986-0684 Home

686-4870 Pager

The best things in life are free ,

~ Call naw for FREE EVALUATION

“Lam in touch...s0 you hein touch

‘

=I $595, 000:

huge private lot.:
This won't last.’

o1148 at Andrews
5050 langor Ave.
90t - 138 W, 1ath St.
© 603 - 145
St. Georges Ave.

arava ave, | SOSURMINE. TRY $4600 DOWN

1007 -

are

: VERY LA DE DAI
2 bdrms / den, 2 full baths, 6 appliances, gifire-

Friday, December 1, 1995 ~ North Shore News — 37

ESA BS

WizDDWS

SHELL BUSEY ‘has joined | forces with ‘Home Hardware to raise. money for the Muscular ;
Dystrophy Association of Canada. Busey {in striped shirt) and friends (sitting, left to right)

VEL NE e

$7. 1 million is ‘pent each year on personal air ‘ravel

and package tours by the North Shore residents. a

To reach this market of globe trotters, place your ads
: where the readership, is, ce

DRICKS
 986- 9321 (24 HAs.)

11 years

JIM HEN

Professional Service As.
Close As Your Phonell

care YON |
-HEIGHTS!!

" Spacious home in excel
‘Yent location. Over 4000
sq.ft. finished on 3 levels.
‘-4-bdrms up, ‘spacious:
“kitchen, full basement,
with, bedroom. Total of 5
bedrooms.

place, try $9600 down & $1450 mo/mtg. :

exercise rm. in bid.
#604-444 Lonsdale

St. Georges Ave.

1780.sq..{t.

+662 MO/MTG (3¥RS)

; SOLID BUILDING :
3 blocks to SeaBus ¢ Excellent bidg. ¢ Sauna/ 4

WATCH THE CRUISE SHIPS!
irom your spacious deck. Large 1 bdrm. s/west
corner, walkin closet, 4 appliances, & sauna ae of

7 Open sun 2-3 i .

UPPER
‘LONSDAL Ell

- A pleasure to show, updat-.
: ed and renovated through
4 out, 3 bdrms ‘on one level.’
“Super harbour & westerly
views, very private location
spacious 60x160 mostly’
level lot. ,

GREAT
VALUE!

Super 3. level... 3° bdrm

townhouse. Bright south

facing, some remodeling,

full. bsmt partly finished: ra:

gas F/P. Ready to move'in

_immediately..Try your. offer
90% financing available.

#1106-145 ST. GEORGES .

win hi * S appliances © blinds + garage. Fully exercise rm. ¢ Guest suite. Call now.

landscaped. Central Lonsdale.
yt: 303 E 12TH:

~ OPEN SAT / SUN 12:30 TO 2:30