62 - Friday, May 7, 1999 - North Shcre News

Time for a positive boost! My
(appreciate) my style vell Knov.
numbers to compate 1998 vs

NAVAN
WANV/AN

al Estate Update-A Positive trend in all sales volumes!

Attached
418%
+90%

Detached
+ 13°
421%

BUT, why then are all" ave:age price categories dawn?

“(except t’housesfattach««!] in WAVan the smailest segment. which sultered most in ‘98)

vi realtors often criticize me for being too objective! HH try not to be too subjective! Thase vho by now understand
fat | do not try to fad trents into nunor monthly changes - sc. now that we have four munths of “year to date” sates
99 - wise, we may have a meaningful tend Here goes

Apartinents
423%
+22% ... all categories up.

a ihe answer is simply i ihe supply/demand equation Supply (sellers) still exceed ready and willing demand (buyers) thus a buyers’ market: but not as strong

a one as 4 or 6 months

ago

To complete this pictisa, let’s consider the supply 1998 vs 1999 - wise

NAVAN
WAVAN

(remember wilh smaller numbers - like “attached in W/Van" - stats are less signiticant)
y¥? Likely a combination of a) the senous seller reducing the: price expectation and b) the speculative seller (the “Ili sett if | get my price”
home off the market. Either way. this is healthy as it encourages the serous buyer to step up to the piate. There should also be a message

yers in N/Van thal. despite an increase is sales. the increased supply may herald a good time to be making offers here!

elcome to cail me il you desire a realistic matket evaluation of your home and one without obligation. A recent “JUST SOLD” flyer | saw cited

ntly sold hy one realtor - one at over $50,000 below the orginal listing price and one at over $45.000 below ithe numbers were not on the

bet to ask the night questions and not to be misled by an overly optimistic quote that will uftimatcly reduce your opt ;

B What does thi
seller) taking th
to apartment
You are most
two listings

|

LET YOURSELF BE TEMPTE

Detached
29%

“14% +8%

Attached
0%

eee eT]

Come and see this stylish 1 bdrm plus

apartment.Tons of
super buy:

¢ Enclosed solarium which can be used as a

den or baby's room.
* Cozy gas fireplace

« Insuite laundry « Pets OK
* Sunny south-facing private patio.

CALL TO VIEW AT YOUR CONVENIENCE
#102-1155 ROSS RD.

features make this a

Apartments
+51%

13%

al sale price.

OVER 100 FEET OF

WATERFRONT
On North Van's beautiful Indian Arm. Only 15
min by road from Parkgate Centre. The last
outpost of nature this close to the city.

PHONE ALAN FOR MORE DETAILS
988-
LOT 12, INDIAN RIVER DRIVE

LOTS OF CHARACTER HERE

corner lot.
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