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ALSAING MOLT

NEWS photo Terry Peters

TeLaeeeR ULE Stes ARLENE Tin,

Starts

NATIONAL HOUSING
starts fell 8.1% ta 153,200
units during the third
quarter, compared with a
level of 166,700 units in
the = previous three
months, reported Canada
Mortgage and Housing
Corporation

“As we expected. third
quarter results show the
delayed response of new
construction to the spring
run up in morgage inter-
est rates.” said Gilles
Proulx, Chie! Economist
at CMHC’s = Market
Analysis Centre. “Activity
fell mainly in Quebee and
the Atlantic region, which
also had posied high sec-
ond quarter. results, In
other. regions, new con-
struction changed only
marginally as stronger job
creation has cushioned
the blow from higher
mortgage costs.”

Starts of _ single-
detached dwellings
recorded a 9.4% decline
to 93.500 units SAAR,
following a strong second
quarter. Multiple starts
fell 6% to 59.700 units,
their lowest level in three
years. i

LET THE Stuffing begin, West Vancouver students recently tooka break from their studies to participate in an old fashioned car-stufiing
competition {it seems that since the advent of celtular Phones, stuffing phone booths has fallen out of vogue).

The views are forever, but these
reduced prices are only avail-
able for a limited time

e luxurious 1 & 2 bedroom
condominiums

* convenient central Lonsdale
location

* close to ail amenities & busi-

“ness area

a leisurely srtoll to Lonsdale

» Quay & Seabus

¢ 5 year new home warranty
program © 9) is

from as little as

'* inside this magnificent residence,
_ you will find elegant designer co-
ordinated living spaces enhanced
with the finest of features.

* superb craftsmanship is -
evident throughout

- ° Extensive use of European marble

a

OPEN FOR YOUR VIEWING:
- Daily 1-4pm (except Monday)
West 5th Street North Vancouver

4 q 1
Ekg (The Corner of Lonsdale at 5th)
7 For sales information call

Anita Ali 980-4 115, 986- 0277

e Feature gas fireplace with marble
facing
° Safety is assurred with video moni-
tored front intercom plus secured
parking

NEW (@) HOME

Anoitfter Quafity Project of R. Sabor
Enterprises Led.
* Subject to conditions *