54 - Friday, May 3, 1991 - North Shore News

REAL ESTATE |

Absorption will exceed completion levels

toresdst to decline to S100
units ip 199T from 3386
units im (990) Absorpuon ai
G&,000 tints is forecast fo ex-
ceed the completion devel.
Potal supply. consisting of
complete ond unsold umts

haaitders from: staurtine addi
Donal amis, fhe complete
wilh not be and: unsold fnventors tase
sufficient te prevent the an. from 907 units in Marek to
nual toil from: declining 1713 umits by
» t 12,000 units from 199 a decline of TS"e to
Ooanits in 1990, The S400 0 starts are forecast.
decline will be most pro Stars will be weaker in the ound units under construe:
NoOunced in the con. First half of the veur with ton, will decline to approx-
dominium sector which will 2.200 units projected. As unately a seven month supp-
decline 84 per cent to 4,800) the inventory of unsald ts early in the sear, whieh is
units from 8.824) units in units declines, 3,200 unity the average time to build
1990. will be Started in the second and sell a unit. The coam-
Single-detached stints in half. plete and unsold inventory
1990 dectined 38°% to 6,136 will decline to 800 units by
units, since rising inven- sear end, but the under-
tories of unsold units construcuon levei will rise to
throughout 1980 constrained 2.900 units.

From pase 50
half of the year

seueeud. da

Lower starts in late 1990
and early (99b will resuli in
fewer completions which are

CENTRAL LONSDALE 325 WEST 20TH ST.
Lovely home with min. view on quiet street, close to all amenities. 3 bdrms up, 2 bdrm mig. helper
down. 2 tip's, 3 bathrooms, 6 yrs. oid in new © ondition, fenced yard. lane access. Must be seen!
Priced at $329,000. See you sunday.

B N.R.S. BLOCK BROS. REG HAMON 464-5566, 461-0630 (24 hrs.)

ae ds MRS Ee
“BOWEN 1 ISLAND |

Charming country cottage on sunriy %@ acre. 2 bedrceams, nicely decorated, v
& solid. Hurry!

ALICE RADA *
987-1067

$289,900 SPACE, GRACE, AN
penne UNCOMMON PLACE

BUS: 986-9511

view! Come to open
ARIA MACKIE
eeetyst, 986-9514
ALICE RADA
987-1067, 986-9511

#1-348 BEWICKE

OPEN HOUSE

VIEW THESE FEATURE HOMES
SUNDAY, MAY 5

GET OUT OF THE PAPERS
AND INTO A HOME

@ My dad says this 1s a three bedroom home with:
# great potential for a morgage helper vwiritever
J that means. Open Sat. 1-4.

966-9511

JiM SHORT S87- 1954,

$124,500!

OPEN WEEKEND BY
APPOINTMENT

a singe

animer BEO's Located in J
Guiet area Clos fo Dubie
poriavan & elementary
ols, 24 hrs. notice required
Call SABINA  MIENSHALL §
688-5917 or 898-4964.

OPEN HOUSE

SUN., MAY 5, 12:36-3:30
38108 GUILDFORD DR.
VALLEYCLIFFE
This 4 bdrm home :s situated on a
lovely landscaped corner iol. {tis
fully finished, has 3 baths, family
3 1m, recim. large patio & sundeck.
RN. parking. YOUR HOSTESS: §
SHARON MCKEE 688-5917 or §
898-2335, f

OCEAN VIEW!

OFFERS TO $195,000

2309 sq.ft. multi-level design home.
4+ bdrms. 3 baths, tamiiy rm. g
unifizushed rec em, grand entrance
with teature stairway, vaulted ce

Ings. Multi windows & huge wrap :
around deck boasts chin-dropping @
view of Howe Sound situated on §
821x159 Iet in Sayamish, “Brit
Properties’. Contact NA? ;
FULTON 688-5917 24 hrs., OPEN §
HOUSE, 2640 RHUM & EIGG §
DR., GARIBALDI HIGHLANDS,

SECURE REALTY LTD.

38762 Cleveland
Squeciish, B.C.

VAN. DIP ECT 685 5817 (24 hrs.)
SGUAMISH 892-3571
24 hrs.

$94,900

| LOVE VISITING you AUNTIE DEE
at your apartment because its Se big & clean with
that large balcor: and only a twe block walk to
ine Lorsdate Ouay to get :cecream.

COUNTRY ESTATE
SUBDIVISION
Three Ye-acre view 1ols
in desirable Ca ifeiid
area From $269,000.

Planes avadable.