32 PENINSULA:NEWS REVIEW

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i Let me prepare an individual real estate “package”

pe [INEZ LOUDEN cnes
|. MLS Award Winner... -

BRAYBROOK

calatealjbhend wads

|. For details calls : PG
cue GRAHAM
384- 2424

—[@ROUP |
_WEsic AN REALTY LID.»

147,040 .

“160,700 |

‘These clasnially aiatgned ‘aad feaiine rich ichnhoines
iW backed by service, and located in one of Sidney's finest neighbourhoods, You”
~ gan enrich your {festyle with the security, comfort, affordability, and the energy
efficiency of a classic B.C, Hydra ‘Power Smart’ designed home combined with
the cozy and environmentally frlendly economy of natural gas,
Choose your interior colours and ‘customize. your new townhome for early
~~ Spring occupancy! ‘There are several different floor plang to suit your needs ane |
“prices range from $239,900 to $289,900. Act now, over. G0% of phase’), sold,”

i ster Irecpunenecrtenaps amma ctr Poet Heoaes operate ea bi esens rent narymennraentnein al bien toneannioi wnehenrorew gre wr lesioned teeetetaneitaed !

OPEN, HOUSE
EVERY: DAY! |

9235. ‘Harbour Rds Sidne

OTTAWA - Steady eco-
nomic expansion, more
job creation, and. low
mortgage carrying costs

|. point to further improve-..
~. ment. in housing over the

next two years, reports

- Canada: Mortgage and

Housing: -Corporation

(CMHC) in its first-quar--

ter National Housing
Outlook released today. .

Total housing starts are
expected to rise from
in) 1997- to”
in 1998° and.

157,900
in 1999. The

market for: . “single-—

detached: homes. should -
“expand moderately, ris-
ing by..6.5.: per cent. to.
99,200 units this year.
: and. next.. ‘Muitiple- sunit
construction is projected
to expand at a:faster .
fate, ‘reaching ! 58, 800 this

§ are e-built with care,

oT panes 4 pane

i om ;

ther. to 63,000 in 1999
“Total: ‘housing: staits n
‘Quebec are forecast’ to
n “reach 28, 000 -unitsthis
ae year and to level off: next

to.be temporary, as the

economy will eventually

shrug off the malaise,”

‘said Michel Laurence,

Senior _Economist at ~
(CMHC’s Market a a
Centre.

‘The sales pace - of the
existing home market,
which was stimulated by —
declining mortgage rates
_in early 1997, is expect-—
‘ed.to.slow. in. 1998. as
supplies tighten and pric-
es firm up. Sales through
the MLS. system’ are
- expected: to.

1998. and: 324, 500°
1999...

In. Ontario, ‘rising con- as
sumer. confidence and. :
active resale markets will: -
- push. ‘housing. starts: to -

~-59;500-in: 4998. and. fur:

tides ttt

aN vay Hy! Wis

-reach
= 326,200. transactions. n

“2648. JAMES ISLAND RD.

“Live on Ferguson Cove «clean, quiet,

H: bristling; with. sealife. New home

| built. 1997, 4-6 bedrooms,: 4. baths,
~ landscaped, ‘Mooring buoy, lots of

‘parking, great views, concrete steps.

to sandy beach, This home has all. the [n

_latest- call me to view, MLS 117541

yt sta
ia ‘

Wednesday, April.15, 1998

ise

“and some improvement.

in the migration balance:.
‘In B.C:, lower job pros-'
pects and consumer con-»
fidence will set the stage

for weaker. housing

. demand. Home building _
is forecast to slip six per

cent to 27,600 this year.

‘and. a further three. per.
cent to 27,100 in 1999.
There will be- improve-

°Starts, Total (units) -: :

147,040... 160,700 .
"Singles, Total (units). ” 93,186. | © 99,200 |.
Multiptes, Total (units) -- §3,854.. .p 50° 61,500

i| MLS" Sales, Total (units) 331,374: . 324,500

Average MLS Price ($)°

‘Newfoundland
- Prince Edward island
: ‘Nova. Scotia
: New Brunswick

it ! Wael
3 Ui wld i wh

seta

~ Actual

hoa 670 on ey
Starts, Total turits)-

~ AQT
; Actual

: ' PLATA OCORNLRRADLA YLER MU
‘Broa You the Feeling of Victoria |

384-2424

ray vee " ek’ §
at mn
¢ i

,

ped “tonnget wih a cure, et
i A ‘y

ment in. the Prairie
region, with Alberta

peaking in 1998. Higher

starts in Manitoba will off-
decline. in..
Saskatchewan. :
Residential construction

is expected to recover in
‘all four provinces o.f the

Atlantic region, with pros-.
pects for further gains in

“1999.

Major National Housing Indicators

. Forecast"

= 4998 | | 1999.
Forecast" 7

©.463,700

= 1999
-. Forecast

oe ~oee
‘ Forecast *

.. 10896 MADRONA DR.»
live in Deep Cove - clean, quiet, with
easy access to ocean and moorage, west-
facing, beautiful views and sunsets,
Home completely rebuilt, country interi-
or with decorative faux painted finishes, 4
nicely landscaped, One-of-a-kind home... {
Must see, Call me, MLS 120866

BOTH HOME aS TAY, a ADDITIONAL / ACC COMMODATIONS

Or muybo you could soak

Cloptly. Or your vision was >.
blurred. That's what Ws liku to
“live with multiple sclorusis, :
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