Real Estate

79 ~ Friday, August 29, 1986 - Nortit Shore News

Housing outlook remains bright

THE ECONOMIC Research
Committee of the Canadian
Home Builders’ Association
has concluded its mid-year
assessment of housing con-
ditions,

The forecast for the year

particularly
Canada.

A LOAD of tumber bound for foreign and domestic house construction markets dwarfs a worker at North Vancouver's
Lynnterm loading dock. The local terminal is one of the Lower Mainiand’s major lumber loading areas.

is optimistic, with starts ex-
pected to be in the range of
165,000-175 ,000
Housing activity is strong,

Joel Teal, chairman of the

committee of home builders,
lenders, economists and
other industry participants,
said thal this is due to a
combination of factors: in-
terest rates are at their
lowest levels in seven years,

units.

Central

FOREST HILLS REALTY LTD.

Park Royal South

756 Marine Drive, West Vancouver

WATERFRONT
OPPORTUNITIES

Deep Cove - Panorama Road - 34° + with older
home & sandy beach, $200.000. Please call
BILL CLARK 926-8581 or 922-1083

— $139,900

2000 sq.ft. home at Surishine Fails, Indian Arm
— 5 minute boat access from Deep Cove (op-
posite Racoon Island on the West side of the
Arm). Please come to our OPEN HOUSE FOR
BOATERS on Sunday, 1:00 - 4:00 pm, or call to
make an appointment to view this great property.
KATEY YOUNG 929-6790, 926-8581

DRAMATIC
DIMENSIONS
$275,000

of light & space — custom built bungalow to be
constructed in a very private, cul-de-sac lot in
one of West Van's newest areas — Cypress
Ridge — 3 odrms plus den & morning room plus
family rm down — to see plans & specs. please

BILL CLARK 926-8581, 922.1083

926-8581

WINDING OAK
STAIRCASE

5 bedroom West Coast contemporary with
unending view - Immed. occupancy - upper
Lonsdale - $190's.

MEHD! RABBANI! 922-9559 or 926-8581

90?

DELIGHT

Custom built, 3 bdrm den, ideal family home. H/F
concrete pool in private landscaped garden.
Choice area — 2 biks. south of Montroyai Blvd.
Drive by 1057 Marigold Ave. Call

GEORGE FRIZZELL 988-9379

BLDG. LOTS

WEST VANCOUVER
~ Cul-de-sac
~ New executive homes
— $105,000 (offers)
— Plans available
BILL CLARK 926-8581

3 bldg. lots in the finest view subdivision
in Squamish. $19,500 each. Phone
MEHDI RABBANI 922-9559

VIEW LOTS

Only 4 view lots left. Builders’ terms.
$85,000-$89,000
PAUL DREGER
922-8881, 926-8581 (24 hrs)

homes."’

Teal expressed concern,
however, about the growing
regional economic imbalaice
in Canada, ‘‘This must now
be the most troubling aspect
of Canada’s economy. We
must be concerned not only
about its effects on our in-
dustry, but its broader con-
sequences,”’

Teal also noted that strong
markets in southern Ontario

inflation is under control,
and unemployment is declin-
ing. ‘‘These and other fac-
tors bode well for the in-
dustry and consumers alike,
and are producing a release
of pent-up demand for

THE LATEST in quality
construction is on display in
the Greater Vancouver
Home Builder’s Association
(GVHBA) Tomorrow’s
Home.

The R-2000 show home,
on display in the Fraser Glen
subdivision in Surrey, em-
phasizes quality of life for
the homeowner and is
designed and built so that
the energy used in the home,
conforms tc a_ national
energy standard,

The efficiency-minded
energy uses represented in
the show home include high
levels of insulaton, draft
proofing, quality windows, a
controlled ventilation
system, a specially designed
fireplace, and an efficient
radiant heating system.

Tomorrow’s home is
computer-controlled with

NEWS photo Stuart Davis

are causing serious shortages
of some materials and skilled
labor.

“Overall the industry will
enjey a good year,”’ observ-
ed Teal, ‘‘however, this is
being accompanied by
economic circumstances and
pressures in some provinces
which are cause for concern
for both the business com-
munity and government.’’

Future home
is here now

heating thermostats in-
dividually set by computer,
and computer monitoring of
energy consumption and the
home security system. A
computer-driven system also
directs fresh air to each zone
of the home as required.

A newly designed, direct
vent fireplace, one of the
many unique features
displayed in the show home,
is touted as Canada’s first
chimney-less fireplace. Gas
zone heating, with a sealed
glass front combines for a
beautifully realistic fireplace
effect.

The R-2000 show home is
one of seven homes in the
GVHBA Homestyles ‘86
parade of homes showcasing
the many varied talents of
the professional building in-
dustry.

WEEKEND FEATURE HOME

1135 GROVELAND CRT.
OPEN SUN 2-4 P.M.

BERNICE CHARNLEY 926-2196, 926-8581 (24 hrs.)

$94,000 — LONSDALE AREA
Updated 4 bdrm — view of city
$10,000 down — no mtg. qualif. Cail
PAUL DREGER

MILLIONAIRE MAKER
Rem. 3 bdrm on % acre ready for
multiple fam. zoning. Now only
$149,000. Call
PAUL DREGER

PAUL DREGER

YOUR PERSONAL
REALTOR
WORKING FOR YOU!

RES. 922-8881
BUS. 926-8581 (24 HRS.)

Cat!

REDUC

ED TO $109,000
Luxury 3 bdrm T/H, $88,000 at 10%

assum. w/o qualif. Call
PAUL DREGER

New plus view & only in $190’s. 5614
Eagle Crt. Open Sat. & Sun. 2-4 p.m.

PAUL DREGER