ae

oT er

See ee

Te OU ee) atta we ee

Homes market
looks bright

“OVER THE past four
months, house prices have
generally increased aS a
result of lower mortgage
rates bringing more buyers
into the market’, reports
John. Erickson, Vice-Presi-

dent of Real Estate.

Brokerage Services for The
Permanent. :

" He went on to state: “The
recent Movement in interest

. yates since the survey was

«completed.in the last couple
of. weeks has caused the
market to pause momentari-
‘v Jy.. However, we still expect
the market for 1985 to be
‘considerably better than last
year’.

Looking at major: ‘centres
across Canada, The Perma-
nent’s survey reveals that

’ Metro Toronto and its sur-

rounding -communities pro-
duced the strongest markets.
Price increases in the
$5,000-$10,000 range were
common for both bungalows
and. two-storey executive
homes. Townhouses showed
litle change.

Ottawa, ‘the most active
_market_ in’ Canada for the
"past two years, took a back
‘seat to Toronto. Prices weve
stabie'with only two. westend

areas. recording _ any in-

creases.
‘Montreal. coritinued. to en-.

a in Hendricks
Off.. 986-9321
| Res. 986-7838

—_ Estate

joy strong markets with
many areas recording in-
creases of $2,000 and $3,000
during the four month
period.

Atlantic Canada also re-
corded across the board in-
creases in prices with Halifax
ieading the way. Most in-
creases were less than
$5,000. °

In the West, markets con-
tinued to strengthen. Win-
nipeg was particularly active
with prices increasing in the
$3,000 range.

Alberta also was more

promising — in particular,. .

Caigary. There, an- active
market has produced stable
- prices with some increases in
prime. neighbourhoods. On
the other hand, Edmonton
continued to show prices
that were stable to slightly
lower.

In Vancouver and the
lower Mainland, price trends
were similar to those in Ed-
monton — stable to weaker
in some areas.

. “Overall”, Erickson said,
‘tmarkets have certainly
picked up and price increases
in the two to four per cent

range over the past. four

months is a strong. indication
that we can expect price in-
creases of five to seven per
- cent over the full year”.

Price -Survey tracks three

(24 hrs.)

“MALS. Medallion Club ;

NWESTLYNNI!

house types: the townhouse,
the bungalow, and the excc-
utive home; in epproximate-
ly 200 neighbourhoods and
communities across Canada.
The survey is conducted
three times a year. The Per-
manent Real Estate is
Canada's second largest real
estate broker with offices
across Canada.

‘The. Permanent’s Home ~

23 - Friday, April 5, 1985 - North Shore News

Wes Thompson

We want your plans!
New Homes

Give us a chance to estimate your plans. We're so sure you'ii not
only appreciate our prices ‘but also our. workmanship. Good
references, all subtrades supplied.

Be Water Wise

When boating,

follow the rules and
learn about local
hazardssuchas. |
tides and currents.

We’re proud of it!

The Canackin Red Cross Soce ly

For free estimate & consultation phone and ask us about our Lot
Building program. New home marketing through ' Sussex Realty.

Marathon Construction
929-1131 929-6713

BOB CRAIG
926-2130 © 986-9321

“4641 APPIN BR. 1ST OPEN SUN. & MON. 2-4

Well-cated tor, 3 bedroom, 2 level home. Super location, clsoe to schools and transportation.
Bright'and sunny corner with super view ot water and Point Grey. Calls me now for viewing. Asking

$167 900.

Sie SOM DIE
: COLLAPSED SALE :
Unique 2 bedroom suite, over 900 s.f., sunken
Bm ivgrm., in-unit washer & dryer, gourmet ki ‘kitchen,
a’ concrete big., S/W corner. .

DUND RAVE, WEST VAN"

CANYON HEIGHTS
Super home in super area. Almost 1500 sq. ft.
on main tevel. 3 bedrooms up. 3 full baths,
close to school, quiet cul-de-sac. Asking 170’s,
near Handsworth $ School, shows very well. Call

now! !

“4 Super 3 bedroom rancher on quiet nicely landscaped, 70x109 lot. Same owner tor last 10 yis. | petites = OA "A PLEA
_ Leaving wane must be sold. Priced to set! at 106,900, Hurry on this one. Lon : os

NG PROPE
PRICE NOW S120 S001! : :
(1426 Chamberlain — Doran at Mtn. Highway off Symonds). Easter wknd. shawings easily arrang-
ed. Modern 3-4 bdrm. hoME on “child-safe”’ cul-de-sac. Garden level entry to family rm., hobby rm.
and wkshop. 684x133 fenced lot. MLS.

Bh a ETE oe, a
— APPEALING AMBLESIDE— -
Bright 3 bdrm., Wesi Vancouver home sited on
a beautiful south- facing garden lot. Short block
to Holiyburn elementary. Some city and water
fe] eo k, $142,900 -

[i
This | home of entertainment issues a warm
welcome.
© h&f 15x33 ft. pool
© 3 bdrms., and family rm. upstairs
© cross hait living and dining ;
© smartly appointed kitchen. :
—MLS—$189,900-—

—NEAT RETREAT—
On gorgeous Gabriola Island, 100. f
of beach for summer sunning —
short ferry ride from Nanaimo. -
$72,900

} : GREAT BEGINNINGS
Ten years ago, but you ought to see it now! In-
telligently planned addition created al- .
fice/den/sewing rm. git master bdrm., plus
huge workshop/storage downstairs. Beautiful
formal living and dining rms.,.An exceptionally
well-maintained home. MLS. $189,900

AQ rie se

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