AREAL EST:
Housing outlook positive

HOUSING STARTS — are
expected to total 162.600
units in 1994, and rise to
171,000 in 1995, reported
Canada Mortgage and
Housing Corporation
(CMHC) in its first quarter
National Housing Outlook.

Total starts for 1993 were
155,443.

“Economic expansion, a
stronger job market and low
interest rates will help boost
Canada's housing industry
over the next two years,”
observed Gilles Proulx.
CMHC's chief economist.

“However, these positive fac-
tors may be offset somewhat
by smaller than expected
population growth, reducing
demand for new house con-
struction. An over-supply of
rental apartments in some
areas will also slow the pice
of recovery.”

Proulx added that much of
the gain will come from the
construction of  single-
detached homes. The singles’
market will benefit from ihe
return of repeat buyers moti-

‘vated by the economic reco. -

ery and affordable prices.

Other findings: Multiple
starts in 1994 will edge up
only slightly. High vacancy
rates in most urban centres
will puta damper on con-
struction of new rental units.

The average national
vacancy rate is expected to
shrink to 4.6% in 1994, trom
4.9% in 1993, and to 4.0% in
1995,

The resate market will
increase by more than 4%
this year, and close to 2%
next year in response to
greater affordability and
empioyment.

S

’ Services

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REALTY ON COMMISSIONS! .

LINDA
DRUCE
657-6391

TERRIFIC VALUE
LOWER
_ PROPERTIES .
350 MULGRAVE PL.
(OFF MADDEN DR.)

Spacious updated 2 level, 4
bedroom family home complete’
with games room and hot tub

* Lovely level 40. x-165 appro:
fot-on quiet cul-de-sac minutes
from schools & Park Royal.-f

_ Lots of potential. Be first at the F
open on Sunday.

DAVID G.
LITKE
983-4226

_ Helping you
. Achieve Your
Goals & Dreams §

LIST wiTH US - YOU COULD SAVE 50% ON.COMMISSIONS

[$349,008]

“NEW LISTNG”
CONTEMPORARY WITH
VIEW
Unique floor plan, spacious
rooms, 4 bdrms., huge family
room wifireplace. Outstanding
views of Indian Arm add delight
to your morning coffee. Great
outdoor living spaces. Don't miss

the first ‘open’ Sun.

4239 DOLLAR RD.

CHARM AND
CONVENIENCE.

Character & charm abound in this
truly delightful 7 yr. old 5 bdrm., 3
bth. home. Owner designed &
decorated, a pleasure to see.
Lots of special features,pantry
hot tub, fenced, private yard, fully
finished bsmt., - and more.

3888 Mt. Seymour
Parkway °

NEW LISTING
CENTRAL LONSDALE
DUPLEX :

2-3 bedroom homes. side by
side. Revenue producing, orf
extended family could live next
door. Close to shopping, and
everything!

CALL FOR APPOINTMENT

#1916 1908 ST. GEORGES

This one is a winner!

MAPLE GROVE ESTATES Uy. \

+ Frontyard
Landscaping

+ Driveways

+ Quality built
homes with
warranty

» Freehold land
* Sunny exposure

+57 Large Lots
* 60 x 100 minimum
«Underground

«Natural Gas
+ Cablevision
+ Street Plantings

PHASE |i SELLING NOW, FHASE I SOLD OUT

Maple Grove Estates is located in an established area of Squamish, a
fast growing community, approximately 45 minutes from Vancouver
and Whistler/Blackcomb.

AVAILABLE THIS SPRING - 3 NEW PLANS
STARTING AT $139,900 .

SHOW HOME OPEN DAILY 1 PM (except Fridays) - 688-6066

Zz

S$ GOVERNMENT RO. : ON
TO .
VANCOUVER

Bal
DEIDRE
VERNON

Pa i
GEORGE
MEARCE

«

25% I MARIANNE

DECARON
985-4447

LIONS GATE MANOR
#317-206 E. 15TH
OPEN SUN. 2-4

Exceptional top floor SW cor-
ner unit. Very bright 1 bdrm. &
den. Walk through closet with
semi ensuite. Close to shop- RENE

ping and trans. Pets OK with SPECTACULAR DEEP COVE VIEW HOME §

approval. 3 bdrm, 3 bath. Family room off the kitchen. Exc, suites
potential. Many extras.

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$134,900 $345,800 F

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ON COMMISSIONS!

WE HAVE BUYERS LOOKING FOR:

1. West Van. — Tudor, 4+ Bedrooms, up to $800 K
2. North Shore — Bright 4 Bedroom, up to $600 K
3. North Van — Pemberton Heights Area
(Prefer character home that has not been updated) |
4. North Shore — House with suite or potential suite.
ii if you need some intensive care...

¥ call the Care Savings Specialists! .

PETER IRV
MCCOMBER LABA
985-0934 929-1084