comeren

Construction starts

NEW HOUSING construc- tion is at a high level during September in urban areas of B.C., according to the Canada Mortgage and Housing Corporation.

This is the sixth con- secutive month that starts are over the 2,500 unit level.

Actual starts are 2,576 units for September, up 54 per cent over September 1986 but less than August’s very high level of 3,222 units. This month’s decline over August is centred main- ly in multiples.

So far this year starts are up 43 per cent in B.C., which is equal to Ontario’s gain over the same period last year. Urban Canada’s

increase is 33 per cent on the same basis.

Within B.C. the Okanagan and Vancouver Island regions are up 88 per cent and 61 per cent respec- tively over the January to September period last year. The northern half of B.C. is up by 89 per cent, however, the numbers involved are low.

In the Lower Mainland area the increase is 35 per cent. Last year 80 per cent of all urban B.C. starts were in this area and this year it is 75 per cent. One of the few areas in B.C. not showing any gain is the Kootenays.

Urban B.C.’s Seasonally Adjusted Annual Rate

(SAAR) of starts is down in September to 29,000 units from 39,000 units in August. Canada’s SAAR declined as well to 225,000 units from 282,000 units.

The recent upturn in the underlying starts trend is very strong. Since February 1987, it has increased to 63 per cent.

Such an increase over a Short time period is unusual but not without precedent. There has been 4 other occa- sions in the past 30 years when similar strong and short upturns occurred.

This one is unique since it came about without the aid of government programs or tax incentives.

HOW MUCH EQUITY DO YOU HAVE IN YOUR HOME?

orth Shove house prices are on the

move again and you may find that

your house is worth more than you

think. If you want to know for sure, choose a realtor from the HOMES section of the Friday News to come and evaluate your home. The smart realtors know that the ’ HOMES section of the news is the best real estate advertising vehicle available to them on the North Shore. When your home is

advertised in the News, more people see it — and that’s the name of the game.

You may be looking to move up in the real estate market, to make a financial in- vestment for your future or maybe to buy a new boat this summer. Whatever your ob- jectives, you may find that the equity you have in your home will provide you with the means to go forward.

HAVE YOUR HOME EVALUATED NOW ... CALL A REALTOR TODAY.

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53 - Friday, November 6, 1987 - North Shore News

y A) fy, a ~ PACIFIC REAL ESTATE LTD. #203-250 15th St.,

West Vancouver

BUILDING LOTS — 2 AVAILABLE

Lot G 13000 + sq.ft., some city view Lot H 14000 + sq.ft., level, next to park * Only 600 feet to ocean + Lighthouse Park x LOCATED ON THE DALE TIDLEY COVE AREA OF WEST VANCOUVER

$167,500 $174,500

YOU GET ALOT WITH THIS HOME! Yes, a usable gently stoping lot along with a super custom-built home with a dynamite city & ocean view and privacy ... especially from the double shower that overiooks it all. $399,000

5024 PINETREE CRES.

WANT TO BE DAZZLED?

Come and see the view from this IM- MACULATE home. Extensively renovated,

2; 4 bedrooms, 3 bathrooms, hardwood

‘loors. 2450 sq.ft. Asking $229,000. 421 EAST 29TH ST.

SEE IT TODAY OR LOSE IT TOMORROW!

You want an investment at a great price? Buy this cozy home in central Lonsdale. Has basement loaded with potential. 47.3'x100' lot zoned 12-16 units per acre. A steal at $103,000.

2220 CHESTERFIELD

SPACE, GRACE — AN UNCOMMON PLACE! Solar power provides energy for this super family home. 19 rooms, 4100 sq.ft., indoor spa, saunz , pool, cabana, 5 bedrooms, hot water heat & the list goes on. Your family wilt also love the spacious yard. Asking $258,000 2159 KIRKSTONE

ANYTHING ELSE ISA COMPROMISE

This immaculate 3 bdrm 1162 sq.ft. end unit has been handled with care. Attrac- tively renovated throughout. Numeraus ex- tras include fireplace, appliances, 1% baths & sunny southern exposure, Large assum. mig. of $98,000. Asking $108,900. 20-230 West 14th St., NV.

APARTMENTS & TOWNHOUSES 104-341 West 3rd St. — Spacious 2 bdrrn, 1000+ sa.ft. suite. Features 1% baths, gas fireplace. Spotless. Asking $/2,500. Open Sun. 12-1:30. 705-145 St. Georges — 1 bdrm, 592 sq.ft. suite with mountain view. Ask- ing $58,900. 102-1205 W. 14th, Van. — 2 bdrm, 817 sq.ft. T/H. Like new throughout, 6 appliances. New price $99,900 & MOTIVATED. Open Sun. 2-4. Cascade Village, Bby. — 1 bdrm, non compromises T/H in top quality complex, fip, 6 appliances, etc. Asking $87,500.

HOUSE WITH A VIEW FOR RENT

LAURIE |” WILSON

GEOFF CAMPBELL 921-8046

"pete

986-1901 980-9640

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