House prices across
Canada are continuing to
rise significantly, according
to the Royal Trust survey of
house prices. Most startling
increases have been in
British Columbia, with
pnces up as much as 35 per
cent during the eight-month
survey penod.

Bungalow pmces jumped
34.9 per cent in Kermnsdale
since June 1979, from
$107,500 to $145,000. In
West Vancouver, a similar
bungalow now costs 33.9 per
cent more, from $88,500 to
$118.500,) and in North
24.5 per cent
more, from $79,500 to
$99. 000 Kelowna prices
were up 17 6 per cent, those
in Victoma, 15 2 percent

Vancouver,

Pnees for larger, two-
storey homes also rose
dramatically In North

Vancouver, there was a 35.2

Noe
ee SE tod
3 ‘a

mie hty

per cent increase, from
$102,800 to $139,000.
Kerrisdale followed with a
29.8 per cent increase,
$169,500 to $220,000. The
smallest increase was
recorded in Richmond, 9.3
per cent, from $119,000 to
$130,000.

Across Canada, the
picture is as follows

In the Atlantic provinces,
prices for a typical bungalow
were generally on an upward
chmb, with Bndgewater.
NS registering the biggest
increase of & 6 per cent since
last June, from $40,500 to
$44,000. Increases for the
larger home were as high as
72 per cent in Dartmouth,
NS, $90,000 to
$96 500

In) Quebec, bungalow
prices were up 18 2 per cent
in St Lambert, from $55,000
to $65,000, followed by

from

GETTING HIGH ON SPRING, and a swing, these girls enjoy a warm day at one of the North Shore's many parks
and playgrounds. (Terry Peters photo)

Cross country prices rise

Longueuil with a 17 per cent
jump from $53,000 to
$62,000. There was also a
general increase in the cost
of larger homes, although in
eight Quebec cities, prices
remained static. Largest
increase was in St. Lambert,
up 15 per cent from $80,000
to $92,000.

In Ontano, bungalow
pmces were the most active
in Sudbury, up 11.8 per cent,
from $51,000 to $57,000
Sault Ste. Mane followed
with a yump of 5.6 per cent,
from $54,000 to $57,000
Bigger increases were seen
in Ontario's larger homes In
Etobicoke, oa two-storey,
four-bedroom house now
sells for $126,000, a 16 per
cent increase. London,
Sudbury. Thornhill and Sault
Ste Mane also saw in-
creases of from 6 to & per
cent.

In the Prairies, Winnipeg
pnces showed little change.
Regina prices were up 3.3
per cent for a bungalow, 3
per cent for the larger home,
and Saskatoon prices were
up 5.3 per cent for the
bungalow, from %$66,000 to
$609,500, and 4.8 per cent for
the larger home, $105,000 to
$110,000.

There was more upward
movement in Alberta house
pnces. In Calgary, increases
for a bungalow were as high
as 16.3 per cent in Mt.
Royal. from $120,000 to
$139,500, and 15 1 per cent

in Bonavista Parkland, from
$93,000 to $107,000.

increases for the

Price
larger
homes were as high as 18.6
per cent in the Marlborough
NE distmet of

$99,500 to $118,000.

Calgary,

C15-Sunday News, March 30, 1980

Dave Jenneson

Call us today.

The Rea! Estate Showcase can put your home
or your listings ‘on view’ across the whole North

Shore When you want to advertise in the Real
Estate Showcase, call us

980-0517

ODwmistons North Shore Free Press Lid

George Robb

sunday ~ :

news

north shore

news

Opening New Doors on the North Shore