Nat’! starts to rebound in ’94

TOTAL NATIONAL
housing starts are forecast
to reach 156,300 units this
year and rebound to 170,400
units in 1994, reported
‘Canada Mortgage and
Housing Corporation
(CMHC) in its third-quarter
National Housing Outlook,
releascd in September.
“Housing markets in 1994
are expected to benefit from
improved economic condi-
tions, a more stable job
outioek, and the extension
of the five per cent down,
first Home Loan Insurance
‘program,’’ said Gilles Pro-
ulx, chief economist of
CMHC’s Market Analysis
Centre.

*“*Both = single-detached
and multiple units will re-
cord higher start levels in
1994. Stronger resale activity
next year will benefit single
starts, while multiple starts
will rise as a result of
stronger demand in Ontario
and Quebec for con-
dorniniums,’’ Proulx added.

Construction of  single-
detached dwellings will jump
10.9% to 95,800 units in
1994, while multiple starts
will increase 6.9 per cent to
74,709 units next year.

In 1994, an improving
economy and a reduction in
surplus units, in response to
stronger demand in the
multiples sector, will boost

starts in Ontario and
Quebec. Saskatchewan,
Manitoba, Nova Scotia and
P.E.I. will also ride an up-
ward trend.

B.C., Alberta and New
Brunswick will see slightly
Jower activity. Starts in
Newfoundland will remain
near the 1993 level.

Resale activity will be
similar to she new housing
market,

Move-up buyers are ex-
pected to return in greater
numbers in most provincial
markets in 1994 as full-time
employment opportunities
improve.

THE ALEXANDERS

#29-1923 PURCELL WAY,

CAP, COLLEGE
REDUCED TO ONLY
% * $154,900 * %

BARGAIN PRICE
FOR A SUPERB SUITE
OPEN SUN. 2-4

Total 1140 sq.ft. Over 1050 sq.ft. on one
level. Very private adult oriented complex
in greenbelt location. Spacious, bright, 2

§ bdrm. ste. on top floor. Large balcony,

insuity laundry, large rooms, great stor-
age, skylight, {ots of updating, Pets and
tentals OK. Excellent access to recreation

CAMPBELL
SAGE REALTY
CORP.
926-5500

KAMLOOPS
$298,000 — NO GST

New ultra custom-built home. Forever view, 3 car
garage + extra parking spaces. Approx. 3,000
sq. ft. finished + 71,500 not. Must sell. —

CALL KAMLOOPS COLLECT 372-9751

ANNE 2

BRIAN

PARKER

623-5116
925-2427

® 1 ‘bedre room & den

© 1048 sq.ft. &
conservatory

° One owner
° immaculate

» Concrete
construction

« Close to nature,
yet 5 mins. from
Second Narrows

» Adjacent to Seymour
Golf & Gountry Club

* A best buy at

$217,500

and transportation. Will not last at this

VIEW WITH. ES STHER AND ALEX price! View now with ESTHER and ALEX.
266-1 022 (OFFICE) 731-7621 (2A HRS.) THE ALEXANDERS 731-7021 (24 hrs.)

OUR COMMITMENT IS TO EXCELLENCE

OPEN SUN. 1-4 PM

Lots of 4 Acre L ots| Spacious .
at Cascade Green Waterfront Suite

a parklike setting with waterscapes Located
5 min. from Sechelt B.C. next to Wells Park

at the foot of 19th Street
“the Heart of the Sunshine Coast" with eee abate den,
: ‘Tylor Road

partially glass enclosed patio,
and large living and dining areas.
Simell the fresh breezes and

listen to the sounds of the
wildlife and crashing surf.

This suite requires updating

and can be done to purcahsers
secifications in 90 days.

Call now to view

Bill Babcock 922-2208

Nickerasn Road

an easy 75 min. drive
incl. the B.C. Ferry ride
from Horsehoe Bay in
‘West Van. to the site.
just 5 min. West of

the Village of Sechelt

Ememmon Road

New Listing at

740 Evelyn Dr.

i just West of Taylor Way
Oricale Road

* all underground services including natural gas & cable TV 3 bedrooms, 2 baths, sun deck,
lower level patio, and two large
living and dining rooms...you'll

love the fully equipped wet bar!

* located on a gentle open slope with partial views
to Georgia Strait and beyond to Vancouver Island

* easy access to Secret Cove & Pender Harbour

* recreational paradise with all the services

Phase 1 of this controlled subdivision offers
26 specially priced lots from

$66,500. to $72,009.
Bill Babcock 922-2208

Jdeal for singles or an older
couple who can share with the
flexible layout of this well kept
two level home on 74' x 245' lot.

Call now to view with

Bill Babcock 922-2208