NEWS photo Cindy Goodman

A TRAIN comes in under the Lions Gate bridge from the rail bridge which crosses the Capilano river. This photo was
taken looking west from Pier 101 in North Vancouver.

IM JOW

22-2834 or 263-2823

E/MAX real estate services

FIRST TIME
OFFERED..
CANYON HEIGHTS

@
DO

Don't wait. This gorgeous
for bed, three bath home
won't last. approx. 75x127°
landscaped lot, with a cul-
de-sac location, 1266
Bracknell Place, home is
very clean throughout with
updated kitchen and
bathroom.

Priced to sell $320’s.

JUST LIKE NEW!!
955 ROCHE POINT
Bright and sunny two bed,
two bath Capilano” plan
on south east ‘‘quiet"’ side
of the building. Very lux-
urious and convenient
building close to Seymour
Golf course. $204,800
HOT!!

wen USstiNs

CITY VIEW TOWNHOME
FAIRVIEW/FALSE CREEK

Absolutely super 3 bed, 3 bath. bright
and spacious private unit minutes to
Granville Island and downtown. Next
to new park. Shows Like New!! Willow
and 7th. Low $300’s.

DOWNTOWN PENTHOUSE § $259,900

ONE OF A KIND

Gorgeous, Bright and spacious over
3300 sq.ft. plus 2500 sq.ft of deck
space. Unparalled luxury and 360°
views. Minutes to Stanley Park and
Downtown. Call for complete details.
$1.75 million.

STELLA KAI

Stella Kai
985-8727 res.
688-5516 pager

OPEN SUNDAY 2-4

CONVENIENT LOCATION
1657 BOWSER 5 , A
Excellent value for brand new house, 3 bedrooms} Brand new home with 4 bedrooms, tile entrance,
and den, gas fireplace, enclosed garage, land-| sundeck off master bedroom, landscaped
8 scaped garden, fenced backyard. Asking only| garden, fenced backyard. Close to all amenities. 7

2 NEW HOUSES, WITH VIEW
UNDER CONSTRUCTION IN
UPPER VANCOUVER
mM Architect design, feature skylight, luxurious, 2 2
bathrooms. 4 bedrooms Large fanni, room off
kitchen with sundeck. Close to alt schools &

B amenities. Price at mid $300's.
686-5516

67 - Friday, November 3, 1989 - North Shore New

tecord

housing
sales
forecast

THE VANCOUVER Real
Estate Forecast released to-
day by Canada Mortgage
and Housing Corporation
projects record housing sales
in 1989 and 1990.

MLS sales are forecast to
reach a record level of
44,100 units in 1989 and
49,500 units in 1990. The
previous record was in 1988
when 39,084 sales were re-
corded.

Sales of single detached
units are forecast to rise by
14 per cent in 1989 to 34,400
units and 12 per cent in 1990
to 38,600 units.

The supply of single fami-
ly houses coming on the
market next year will remain
high with new _ listings
forecast to be 57,160 units in
1990.

The condominium sales
market will also be strong in
1990. In Greater Vancouver,
sales are projected to be up
by 14 per cent this year to
9,700 units, and by another
14 per cent in 1990 to 11,100
units. In Fraser Valley, 1,700
units are forecast to be sold
on MLS in 1990, an increase

$255,000

CHRISTINE C. KAI 686-3111 pgr., 987-6519 | CHRISTINE C. KAI 686-3111 pgr., 987-6519

Christina Kal
987-6519 ras.
686-3111 pager

OPEN SUNDAY 2-4

PEMBERTON AREA
1665 BOWSER

WANTED
Older home with double lot! | have
qualified buyers looking for homes inj.
Canyon & Forest Hill areas.

CHRISTINA KALI 686-3111
STELLA KAI 686-5516

of 21 per cent from the pro
jected 1,400 units in 1989,
Housing demand will in
crease due to strong eco
nomic and populatio
growth combined with lowe
Mortgage rates and higt
consumer confidence.
Strong sales will kee;
house prices rising. Hous:
prices in 1990 are forecast tc
increase by [9 per cent in th
Greater Vancouver area anc
by 16 per cent in Frase
Valley. The average price o
a resale house in 1990 wil
increase to $280,000 ir
Greater Vancouver and tc
$156,000 in Fraser Valley.
New construction is alsc
forecast to increase nex
year. A total of 22,700 unit:
are forecast to be started ir
1989. In 1990, an increase o:
8 per cent to 24,500 units i:
projected.
Multiple starts will rise a
a higher rate than single
detached. Apartment con.
dominium starts are forecas:
to increase by 34 per cent ir
1989 to 5,600 units, and by
25 mer cent in 1990 to 7,000
units.