B.C. housing
starts are up

NEW HOUSING construction in urban B.C. strengthened
according to a recent report by the Canada Mortgage and
Housing Corporation.

A total of 2,747 units started in June, up from May's
2,635 units and up from 2,026 units in June 1986. All of
June's pain was in single detached starts.

B.C.’s performance ran contrary to the national trend in
June. Starts in urban Canada declined to 23,499 units from
24,944 units in May.

Canada’s Seasonally Adjusted Annual Rate (SAAR) of
starts was 243,000 units in June down slightly from 249,000
units in May. The SAAR for urban B.C. rose to 26,000 units
in June.

With a much stronger second quarter, year-to-date starts in
urban B.C. are now up 25 per cent over the same period last
year. The first quarter the year-over-year gain was only two
per cent. At the end of six months, 12,211 units have started
compared to 9,772 units last year.

Much of this year’s 25 per cent pain is due to large in-
creases in areas other than Vancouver. For example, Victoria
is up 47 per cent over last year, Kelowna is up 78 per cent
and Matsqui is up 56 per cent.

Several other areus have similar large gains. In Vancouver
starts are up 15 per cent.

After a quiet period many areas outside Vancouver are
expanding in terms of housing activity.

Ue

1977-39
A DECADE rECADE DOWN A 5 SAFER ROAD
-COUNTERATIACK
EN URINKING DRIVING DRIVING

73 - Friday,

August 28, 1987 - North Share News

Real estate company
announces renewal

cf golf scholarship

ALAN BAGGOOQO, an
outstanding academic
achiever and junior golfer,
has had his Canadian Golf
Foundation scholarship
renewed, the foundation and
Royal LePage real estate
services announced recently.

Baggoo is one of 24 win-
ners from across Canada.
The scholarships, valued at
up to $4,000 each, are to be
applied to the students’
1987-88 academic year.

Baggoo has completed his
first. year at Simon Fraser
University, where he is
enrolled in a bachelor of
science program.

The 19-year-old pre-
medicine student is a skilled
golfer and community vol-
unteer who regularly assists
the B.C. Cancer Associa-
tion.

LIONEL NEGUS

984-9711

YUPPIES, GRANDMOTHERS, ELEPHANTS
ANTS — JOIN THE STAMPEDE
Elegant Townhouse living in heart of North Vancouver (walking
& distance to Lonsdale shopping, outdoor tennis & rec centre). Two &
Mbedroom luxury residences, 22 baths, Euro-style kitchens. §
B Fireplaces, skylights. 1280 sq. ft. plus full basement & garages. Bring

your offers.
* FOR DETAILS CALL

LIONEL NEGUS AT 984-9711 ANY TIME

Royal LePage is the prin-
cipal sponsor of the Cana-
dian Golf Foundation schol-
arship program, having
committed $250,000 over a
five-year period.

The grant has enabled the
foundation to quadruple the
number of scholarships
awarded annually to Cana-
dian students attending uni-
versity as undergraduates.

The scholarship program
also receives financial
assistance from the Royal
Canadian Golf Association,
the Canadian Open, the Ca-
nadian Ladies Golf Associa-
tion, the Canadian Golf
Equipment and Manufac-
turers Association and in-
dividuals.

Canadian Golf Founda-
tion scholarships are award-
ed to Canadian students who
graduated from high school

or were attending university
or college. To qualify, each
recipient must be an excep-
tional academic achiever, an
excellent golfer, and active
in school and community af-
fairs.

Winners are eligible to
have their scholarships
renewed, providing they
maintain the high academic
and golfing standards re-
quired by the foundation.
Since the scholarship pro-
gram began in 1982, hun-
dreds of students have ap-
plied.

‘*The calibre of the appli-
cants was excellent. We wish
to congratulate the winners
on their outstanding aca-
demic and golfing achieve-
ments,’’ said foundation
president Ralph Costello.

“Alan is a credit to the
community and we are

Res: $29-0344

Car. 290-2273
Off: 986-9321

986-9321
Office

honored to be able to
recognize his scholastic and
athletic accomplishments.
Royal LePage is delighted to
assist the foundation in this
endeavor and we are pleased
to promote and support the
program,’ said F, Peter
Maddocks, vice-president
and general manager, Van-
couver Commercial
Brokerage.

Royal LePage is Canada’s
largest diversified real estate
services organization, with
approximately 9,600
employees in more than 350
residential and commercial
offices in Canada and the
United States.

North American  invest-
ment services also are pro-
vided to overseas clients
through affiliate relation-
ships.

ENJOY THE SEMI-WATERFRONT LOCATION IN “DOWNTOWN” DEEP COVE §

. PANORAMA PLACE

35.

LOOKING FOR A BARGAIN?
LOOK NO FURTHER...
YOU'VE FOUND ONE

Very special apartment homes are now

selling in the charming village of Deep

Cove at affordable prices. For example:

#104 is a luxury 2 bedroom home with 12

baths and is priced at only $85,000.

A WORLD CLASS LOCATION...

S « 25 minutes to downtown

* 20 minutes to skiing

N° 15 minutes to Central Lonsdale

Mm ° 10 minutes to major shopping

BH ° 5 minutes to golf course ;
He 4 minutes to neighbourhood pub

* 3 minutes to hiking trails

* 2% minutes to beach

* 2 minutes to yacht club

* 1% minutes to world class restaurants &
¢ 1 minutes to medical centre .
e '’% minute to Panorama Place

ALL SUITES PRICED BELOW APPRASED VALUE!

2181 PANORAMA DRIVE
DEEP COVE, NORTH VAN

(Southwest corner of Gallant Ave. &

OPEN
SAT. & SUN.
2-5 pm

Panorama Drive in “downtown”

or may be viewed
Deep Cove)

anytime by appointment