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ERROR ICTS

CAM
CARMICHAEL
986-1445 res.
645-3610 por.

1925-26TH STREET

REAL ESTATE

CMUHIC forecasts rise in
nat’l home construction

HOME CONSTRUCTION
is expected to rise 2.3% this

reduced commitments for
social housing units,’’ Pro-

pected ater this year and
into 1994,"" explained Gilles

year to 172,100 units, ac-
cording to a report released
by Canada Mortgage and
Housing Corporation
(CMHC).

The agency's second
quarter Mational Housing
Outlaok also forecasts a
further rise of 10.6% to
190,400 units for 1994,
“After a slow. start in
1993, home construction is
expected to get a boast from

Proulx, Chief economist at
CMHC's Market Analysis
Centre, “The market will
also remain affordable and
continue to benefit from the
two federally sponsored
homeownershin programs,
and strong population
growth,

“As well, the forecast
reflects the weakness suf-
fered by new and resale
markets at the beginning of
yeas and the impact of

ulx added,

Construction of single.
detached dweilings is
forecast, to increase nearly
7% to 99,300 units Chis year
and another 42% in 1994,
High apartment vacancy
rates and reduced social
housing units will result ina
slight drop in multiple unit
construction to 72,800 units
this year. A rebound of ap-

WEST VANCOUVER

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the stronger econonty ex- See BC. page 67

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UDI SANTOSO
926-1434 Res.
220-0308 Cell.

BIG, BEAUTIFUL BUNGALOW
DESIRABLE HOLLYBURN AREA

| Owner’ s New Home Ready in
August!

ieee toad : Sanath fA @ Ocean & city view — charming decor, graciously maintained. Glistening hard-
wer pea mai 3 Te f wood floors throughout. 2117 sq.ft., 2 bedrooms & den plus special additiona!

LOT L CHAIRLIFT CLOSE o— at EWCROFT PLACE f quarters. Please join me Sunday at the open at 1925 26th Street.

* Cul-de-sac + View . : :
rResayiouid Lav ‘Rancher’ sBecrasie’
* Over 15,000 sq. ft. * Quiet +4 Bed + den * Level! driveway s

$390, aoa $495, 000 :

Call CAM 645-3610.

it.

alt

| PROPOSED ™
8RONM Ringe
SKi RESORT

B atice rake

GARIBALD}
HIGHLANDS

GARIBALD)

ESTATES

This is the place to call home and enjoy a relaxed lifestyle.
Viking Ridge is still affordable with a choice of
two and three bedroom townhomes.

® Stove and fridge
* Dishwasher and garburator
fasher and dryer

Natura) gas fireplaces
Mini blinds throughout
Private garages

Phase I & 2 almost SOLD OUT!
Phase 3 prices start from

23,000 INCLUDING GsT:

DISPLAY SUITES

and Sales Centre open daily
1-5 p.m. Closed Friday.

GOLF
COURSE

SOON AL oan
wetvenuced

Turn left at the
Highlander Hotel
crossroads. Look
for the Viking on
Highway #9.

sutton group - sentinel realty

925-1111
| AN INDEPEDDENT MEMBER BACKER