46 - Friday, October 14, 1988 - North Shore News

REAL ESTATE

Varket to remain active

‘TH ([NTEREST rates ex-
pected to remain relatively
stable (within one or two per
cent of the present levels) for
the remainder of 1988,- the
residential resale housing
market in the Lower
Mainland should continue to
be active for the rest of the
year, according to a recent
Royal LePage report.

By year-end, housing sales
are now expected to total
28,000 units, 21 per cent
more than the number of
units sold in 1987.

Although the rate of in-

crease in the selling price of
homes has moderated slight-
ly from earlier in the year,
prices are expected to con-
tinue to rise. By year-end,
the annua! average selling
price of all residential pro-
perties in the Vancouver area
is forecast to reach $160,000,
21 per cent higher than the
average selling price in 1987.
The selling price of single-
family detached homes is
expected to rise 20 per cent
to $180,000.

Several factors have com-
bined to stimulate the hous-
ing market in Vancouver.

Dorothy Hargreaves
686-1081, 986-9321

iy COME & COMPARE

f Can you (ind another 1 bedroom batchelor suite
# with a view of North Van. for this price? This is
Ea bright attractive suite in a welt managed
i building. See for yourself, come to the Open.

E #312 - 175 E. 4th.

DOROTHY HARGREAVES
686-1061, 986-9321

JUDI KELTER
929-6516

The provincial economy is
healthy and employment
levels are relativeiy high, fol-
lowing several years of slug-
gish economic performance.
This created a pent-up de-
mand for housing that has
manifested itself in the past
18 months.

Residential properties in
Canada, particularly in
Vancouver and Toronto,
continue to be popular with
investors from the Pacific
Rim countries, which has
added to the upward
pressure on selling prices.

ELFIE
PAVLAKOVIC
Off: 986-9321
Car: 290-8173

es

1 ESTABLISHED 1968 _ JN

bs eh)
JILL JENKINS

929-5228

OUR MOST IMPORTANT PERSON iS YOU

& Perfect home for people searching for that UNIQUE hideaway. Gourmet kitchen, 3 BR, 22 bath.,
@ huge master suite — pizzaz — shows like a dream. GORGEOUS PEACEFUL view from decks. Huge .

B unique fot and PRIVACY! PRIVACY! PRIVACY! C
BS JUDIE KELTER or i SENKINS 988-1175

28 ACRES OF
a" [309000] SOLITUDE AND
TRANQUILITY

Higgins Island is close to a Marina-Hotel andcon-
venience store on Lasqueti Island, which can be
reached by ferry from Qualicum Beach. Sheltered a
moorage, harvesting grounds | of seafood galore, §
building sites with stunning views & fascinating
sea life. Financing at 10% available. A HAVEN §
FOR BOATERS & INDIVIDUALISTS. i
URSULA ALBERTS 4

988-1175 (ON PAGER) H

TONY ROSSETTI
$80-0243

DAVID MACKENZIE

HECTOR ROSSETTI
968-2658

Our top performers in September
— setting the pace in service

excellence.

Call us for a complimentary market

evaluation.

LONSDALE QUAY, 116 W. ESPLANADE,

NORTH VANCOUVER - 985-8231

INVES TIM EN. cat

OFFERS - $ii7, 000,

MUST SELL

VIEW PROPERTY

FIR errant vo: wha

752 E. 3RD ST,
N. VAN
Buy this property and put
$300/mo. in your pocket.
Super 2 bdrm. starter with
view over harbour and Yan-
couver. Large new garage
at rear (29x24') rents for
$300/mo. cash.

HARLEY McDOUGALL

| Bus: 922-6166

Res: 926-1952

TRADITIONAL
,GRAND BOULEVARD HOME

$160,000 s

if you are looking for an easy care
home, with many traditional touches -
solid oak floors, coved ceilings, ete.
this 3 bdrm home deserves your attention

please call

BILL CLARK ~ 922 6166, 922 1083.
MULTIPLE PLUS + MARKETING PLAN.