‘ C19 - Sunday News, December 7, 1980 ncouver WITH THE HEAVY snowfall the North Shore Is experlencing, one way to take your kids to school is by sleigh. (Ellsworth Dickson photo) CROSS CANADA REPORT Wide range of housing prices Increases in Canadian home prices during the past Six Months varied radically from city to city according to a nahonal survey released today by The Permanent Real Estate A typical three bedroom bungalow that increased in price over a six month penod by only 2 per cent in Peterborough, rose as much as 72 per cent in Van couvers Kernsdale district The semi-annual survey presents data submitted by The Permanent’s 92 local real estate offices with the assistance of quahfied ap Praisers across the country Over 135 resadential markets were sampled Data on three home types were provided, a 1,200 square foot townhouse, a 1.300 square foot bungalow and a 2 200 square foot (wo- Storey cxnecuulve home. “Larger, four - bedroom homes generally cxper tenced) greater price in- creases (both in absolute figures and as a percentage) than other house types surveyed,” noted IL Johnston, National Manager of Real Estate Services for The Permanent Real Estate He attrnbutes this to buyer awareness of larger houses as better investment oppor- tunics as they are usually located in pnme residential arcas Johnston also notes that the reduction in new house constuction has forced more buyers than normal tanto the resale market thereby moving prices upward The biggest pnee increase among the three home types) was recorded in Van couver where the two-storey cxccutive home rose 110 per cent, now selling at $170,000 Vancouver also recorded the largest increase in the townhouse home type. up 96 per cent to $149,000 Kermnsdale In Calgary and Bdmonton, increases were gencrally in the 10-20 per cent range Townhouses now sell for $52,000 to $67,000, bunga lows are mostly between $90,000 and %120,000 and executive homes between $125,000 and $200,000 Home prices in Manitoba and Saskatchewan werc stable with bungalow prices remaining mostly betwecn 50,000 and $80,000 Central Toronto = prices were up 25 per cent for typical townhouses, 14 per cent for bungalows and up 21 per cent for cxrccutive homes bringing the caccu tive home to $200,000 Windsor, St Chatham) and Prices in Catharines, Sarma showed very little change Quebec had big increases in bungalow pnces, up 17 per cent in St Jean, 22 per cent in Tros Roivieres and Montreal bungalow in: creases were as high as 45 per centin St Lambert Atlantic Canada registered its largest’ in creases in Saint John, New Brunswick, ranging between S and 25 per cent among the three home types. and in St John's. Newfoundland. where increases for the three home types ranged from ‘4 to 18 percent The Permancnt Keal istate produces the home price survey on o service to Canadians relocating to new home markcts Copies arc available through the company's local real estate offices across the country. < a George Robb Drew Finerty Call us today. The Real E state Showcase can put your home or your listings (on mew across the whole North Shore When you want to advertise in the Real { state Showcase call us 980-0511 Omantons North Shore Free Proos itd 10M VEER Re OLTTR AST WEY WSS ~ER sunday news north shore news S