74 - Friday, Suly 25, 1986 - North Shore News

Estate —
risk summer
saies expected

THIS SUMMER could
be one of the best real
estate sales periods in
more than five years in
British Columbia.

The best news is
prices are expected to
remain relatively stable,
according to Realty
World — Canada.

Throughout the pro-
vince, there have been
major increases in the
number of people
listing their homes and
the number of people
inquiring about homes
for sale.

SALES GCOD

Sales figures have
already topped the
same period last year,
which itself was better
than the year before,”
says Realty World —
Canada director of
communications Dick
Burnham. ‘*This
summer could see the
best real estate buy-
ing-and-selling period
since the late 70s.

“The increase in the
number of homes listed

4

for sale comes at a time
when mortgage rates
are remaining relatively
low. As a result, more
and more buyers are
also returning to the
market,’’ explains
Burnham.

The present
buoyance of the real
estate market reflects a
continuing trend which
has actually seen the
market steadily im-
proving for the last
three years.

And while there has
been some _ pressure
upward on prices there
are no signs of the wild
fluctuations witnessed
in the late 70s.

STRONG MARKET

Overall indicators

suggest a stable market
with a high level of
buying and selling ac-
tivity:
° In the Lower
Mainland listings are
up and sales levels have
exceeded last year’s
levels every month so
far this year.

i AP Fee.
EARLE MacDONALD

fy AT LAST ... the kind of home
you've been waiting for!
FANTASTIC LOCATION!
QUIET SETTING!
AFFORDABLE PRICES

from

$83,000!

OPEN WEEKENDS 2:5.

eOn Vancouver Island,
real estate activity is
strong around Victoria
and even in those
communities where re-
covery has come more
slowly things are on the
upswing creating some
“excellent buying op-
poriunities.”’

*In many of the smaller
communities in outly-
ing areas a general im-
provement has been
taking place for the
past year and is ex-
pected to continue this
summer,

ein the Interior, and
particularly in the
Okanagan, some of-
fices have already ex-
perienced a 30 per cent
increase in sales and
listings over the same
period in 1985. And
activity remains very
strong.

“We're seeing a con-
tinuing release of
pent-up consumer de-
mand. There have
been a lout of people
waiting tur the right
time to buy or sell their
home,”’ says Burnham.

UNITED REALTY UTD.
JOHN WILCHUCK

Office: 437-9431
Res: 986-8492

oH eg
422 EAST 19TH
NORTH VAN.
Not a drive by — you must see inside and amazed you will be Vendor will guarantee income tor
one year of $2,000 per month Three complete unauthorized Irving qtrs. One - 4 pdrm, one three
bedroom and one two bedroom for a total of 4155/ft Like new. Vendor will consider 4 bldg. lot
in trade or a more conventional home on the North Shore. Please note: this immaculate home has
never been tenanted. So here is your chance to bring in the large family. Priced in the mid to high
$100's. Drive by and tune your radio to FM 92 for more info and then call me for a personal showing.

A MUST SELL
2 Bdrm. apartment (approx. 774/ft.) - lower Lonsdale. Price reduced to $56,900.
Subject to bank approval.

TWO LARGE VIEW LOTS
in upper Lynn. Will be ready to build by Oct/8s.

BOWEN ISLAND

SNUG COVE PLAZA — are you energetic & you don't want any competition? Do you want to earn
$15U.090 per year after all exnenses & debt service? if you have a ‘nunimum of $300,000 cash and
maybe some trade properties, then you should call and cash in on this fantastic opportunity. John
Witchuk United Rity Lid 437-9431. 986.8492 (R)

EARLE MacDONALD
984-9711

Choose from 2 and3
bedroom plans
featuring
. FIREPLACE!
1% BATHS!
SECURITY PARKING!.
APPROVED
PRE-ARRANGED

CARLTON
COURT

225 West L4th Street

FINANCING!

MON.-THURS. 5-8