Page 59,

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March 11, 1979 -

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Sunday News.

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THE ROCKEY SHORE along so much of oar coastline is so familiar we often forget’ to take time to enjoy it. (Terry Peters photo)

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Cross Canada housing costs update

House prices were up in all
cities in British Columbia
during the past eight months,
according to a_ national
survey by Royal Trust.

of

Largest increase in the
province was in Richmond,
where prices went up by 6.3
per cent, from $63,000 to
$67,000.

In West Vancauver, prices
rose by 5S per cent, from
$80,000 to $84,000; in
Victoria by 3.9 per cent, from
$63,500 to $66,000 and in

Kelowna by 5.7per cent, from
$68,600 to $72,500.

Across Canada, the picture
is as follows:

In the Adlantic Provinces,
house prices were up in
almost all cities. In Frederic-
ton, prices dropped 4.4 per
cent, from $45,000 to $43,000
and Corner Brook prices
decreased by 1.5 per cent,
from $98,000 to $96,500.

Throughout Quebec, house
prices were on the rise. In
Boucherville, prices were up
by as much as 15.8 per cent,

from $38,000 to $44,000; in
Ste-Foy (Quebec City), prices
increased I1 per cent and in
Rimouski by 9.1 per cent,
from $38,500 to $42,000.

Ontario showed a varied
pattern. Largest increase in
the country was in Windsor
where prices were up by 26.5
per cent, from $83,000 to
$105,000. In Thunder Bay
house prices increased 9.5
per cent, from $105,000 to
$115,000.

Prices declined marginally
in Hamilton and Sudbury by

3.8 per cent, from $80,000 to
$77,000 in Hamilton and
from $78,000 to $75,000 in
Sudbury.

lo the Prairies, house prices
continued to rise. In Winni-
peg. prices rose by 9.5 per
cent in the St. James -
Assiniboia and Southdale
districts, from $85,000 to
$90,000. In Saskatoon, prices
increased 8.7 per cent, from
$92,000 to $100,000 and in
Regina prices went up 5.6
per cent, from $90,000 to
$95,000.

In Calgary, house prices
increased by as much as 10.5

per cent for the Mount Royal
Scarborough area, from
$105,000 to $116,000, to one
per cent in Marlborough,
N.E. In Edmonton, the
largest increase was in
Sherwood Park, 10.9 per
cem, from $110,000 to
$122,000.

The Survey of Canadian
House Prices is based on
opinion and data gathered by
157 Royal Trust real estate
offices in major centres

across Canada. It is based on
figures compiled to the end
of January 1979.

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7

Two types of houses are
used for comparison of
prices. The first category is a
typical detached — three-
bedroom brick bungalow,
five to cight years old. The
second calegory is a detach-
ed two-storey four bedroom
brick house, five to eight
years old, twa-and-one-half
bathrooms, fireplace and
Iwo-car garage.

Copies of the survey are
available at any of the Royal

trust Company’s real estate
offices.