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@8 ~ Friday, August 6, 1993 ~ North Shore News

HOUSING STARTS in
3.C. were Cemporarily down
in June according to Canada
Mortgage and Housing
Corp. (CMHC),

The seasonally adjusted
annual rate (SAAR) slipped
to 30,500 units from a
revised 32,700 units SAAR

last month,

REAL

Actual urban BC. starts
went up over May but by
less than the normal
seasonal amount.

“The short-term trend
has flattened out,’ said
Helmut Pastrick, senior ad-
visor-emarket analysis for
CMHC B.C.-Yukon region.
“However, this is  tem-
porary. Starts are expected

ESTATE
Housing starts down in June

to dura up since sales are
brisk and prices are’ still
rising.”

Nationally, housing starts
were up marginally to
148,500 units SAAR from a
147,600 units in May. Starts
were up in all cegions of the
country except Ontario and
B.C.

URBAN B.C,
Other
Areas

Urban
Canada

116,600
125,000
124,400
143,300
119,600
120,500

Single
Detached

11,460
15,300
15,800
14,800
13,600
12,000

Canada

140,100
148,500
147,900
171,300
147,600
148,500

Total

34,900
34,400
39,100
37,400
32,700
30,500

Multiples

23,500
19,100
23,300
22,600
19,100
17,900

Period

Jan. /'93
Feb, /'93
Mar./'93
Apr. /'93
May /'93
June /'93

NEWS readers
are home buyers

Every Friday, over 100,000 readers receive the
North Shore News Homes section. 65% of
North Shore residents own their homies.

it works for real estate ...

Call Rick Anderson
, to advertise 985-6982

58 suite

han

City and Water
| Views Availabie!l!
¢ Tired of throwing away money on rent?
* On site preferred financing with CIBC
¢ Discounted legal package
* Insuite laundry * No GST!

* Concrete floors * Secured U/G parking

For More information Contact: "Watch your equity grow!"

Pauline Birch
Colin Foo
Mirza Kassam
Linda Lait

Sales Office: 983-0685
360 E. 2nd Street
North Vancouver

Sat. & Sun. 1-5
Mon., 4-7

Bast 2ad Street

Lonsdale Ave.
St. Patricks Ave.

Sussex Group
Westmar Realty

279-9822 Lonsdale Quay

Seabus Terminal

RSET LLCO ACLS TORE STAT PS ETNIES SSIES NTU 2 NITY PRYELLIY REMY