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November 9, 1980

By PAT RICH
North Shore house prices are not just going

_. through the ceiling. They seem headed towards

outer space — and with plenty of buyers aboard
forthe ride. _

Dramatic and continuing nationwide survey by a real
inflation in the local real estate company.

estate market has made the The survey by Royal Trust
‘area one of the most ex- compares the prices of two
pensive places in.Canada to typical types of houses m 113
‘buy.a home ee ~~ Canadian communities, as of

That is what is indicated October 1, 1980.

by two recent surveys, one Comparing the price of a
by the Real Estate Board of detached three bedroom
Greater Vancouver, and a_ bungalow with basement and

TAKING AWAY THE SIGN, North Vancouver City workers Steve
Jones (1) and Ken Franklin, mark the opening Thursday of the new

Tel. 985-2131

! VALUES UP 36% IN A YEAR

Classified 986-6222

garage, West Vancouver
rated as the fourth most
expensive area in Canada,
while North Vancouver
followed in fifth place.

The West Vancouver
price for such a home was
$142,500 compared to the
North Van price of $125,000.

But the same type of home
can be purchased in
Shawnigan Sud, the

cheapest of the 113 com-.

munities surveyed, for only

$36,500 and in Vernon for

Comparing the price of a
detached two storey four
bedroom house with a two
car garage, West Vancouver
moved up to being the third
most expensive community
and North Van dropped to
sixth place.

For this type of home, the
West Van price was
$230,000 as compared to the
community: of ‘Chambly, at
the bottom:6f the. list, where
such a home selis_ for

$53,550.
In the case of both types of
homes, prices in the

Kerrisdale area of Van-
couver topped all others in
Canada.

The Royal Trust survey
also provides some startling
indications of the leap house
prices have taken this year
on the North Shore. . _

In North Vancouver, the
price of the four bedroom

CONTINUED ON PAGE A4

closed for constraction (unt Aagust), irritated citizens began to wonder
ii the bridge would cver be open and added thelr own opinions to the

Mosquito Creck bridge at 16th Street. Originally scheduled to only be sign. For picture of offictal ribbon cutting sce page A8. (lan Smith photo)

LAUNCHED
WY group
‘promoting
French
immersion
to Grade12

A survey is currently
underway in West
Vancouver to see if
there is support for

launching the most
extensive secondary
school French im-
mersion program in the
Lower Mainland.

Acting with the per-
mission of the West Van-
couver school board, the
Parents for French group
last week distributed forms
to over 900 Grade 6 and 7
students.

Group president Peggy
Markham describes this as
“a very, very smail step,” to
see just who is interested in a
program that would instruct
students in Grades 8-12 in
the regular subjects using
the French language.

Markham said response to
the forms will give a basic
indication of how many

people are interested in the
program without committing
them to anything.

If response is favourable,
Markham says the next step

CONTINUED ON PAGE A4

SUNDAY:
Cloady, showers, normal
day temperatures.

MONDAY:
More of the same.