Ontario Community Newspapers

Oakville Beaver, 11 May 1994, p. 33

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embers of the Oakville, Milton and MDisIIict Real Estate Board achieved 65 sales of residential properties for the month of April, up 74 per cent from the 210 sales achieved during April 1993, accord- ing to the Board's president, Nancy Gossling. “Banks were busy doing mortgage pre- approvals when rates first went up,” said Gossling. “The interest rates quoted at that time would, in many cases, be held for 60 days. We are now seeing the end of those pre- approved lower rates. It will be interesting to see how the new rates affect sales, particularly at the enuy level to the market. Keep in mind, rates are still very low when you consider the past 20 years.” GosSling further noted that listings are down over last year. “In order to hold a steady market, it is nec- essary for supplyfiapdjemand to be in equilib- Six" Straight months'Of salesmcreases OLDE OAKVIUE BEAUI'Y GlEN ABBEY FREEHOQ $219.9(D. This lovely home fedures cathedral ceilings Into ang dining rooms. kitchen open to the family room Master bedroom with ensuite VIC YATES 338-9!!!) FABULOUS MATURE LOT, 964.9(1) Great starter home featuring 3 bedrooms, eai-in kitchen, nice lot, double car garage. Call today for more inforrnafion. $599,000. Scar gar. beautiful mn. flr. den, sunroom, fom. rm. 4 bdrm. fitness centre. souno. rec. rm. Lovely large home in beoufiful Oreo. $32931!) Circa 1861 This beautifully renovated home features gorgeous klfchen open lo lovely sunroom. Ground floor laundry, gor- den. 3 bedrooms. Plus more. $1,485,013. Quolfly bum gr. floor den, fam. rm, sunroom gourmet ki’r. nanny quarters. gor eous MBR w/bolc. foc- in oke. Lor mofure prop. w boo? doc ingr.pool PROPERIY BURUNGTON uxmwnouswoou $1493)?- “$00M BEFORE YOU IJST. CONTACT VIC YATES FQR HIS PEfiQN VIC YATES 338-9m0 HOME BURUNGTON FABULOUS CLASSIC MAG. lAKEFRONT NOT INTENDED TO SOUCIT PROPERHES AUQEADY LISTED FOR SALE Emma/WW. Member of the VIC YATES Od<vi||e Milton and DA DDQ n-JgAln , YATES 338‘ LOOKING FOR A CQMDQL? iirIfrn8<sun ALIZED MARKETIM-Z 67 We R1. W. ADMRAISWNJKBVHIAKE $169,011 This Becuflful exec. dos condo features2 w" I 9:. L W" h, sunkendenbdcony wflhviewoflcke. Qgfldoorpoolbyme District Plus Toronto Red Estate Boad BRONIEHARBORCIUB $195M.Enjoy1he lckefrontshops. recrmrmfsAaJper Ioc.becmfifuloondo, 2bdrms.,1woboms. ensdfelcnndry ,lov enthdmodemkif. bdoony views |d<e. rium. We need more properties listed for sale. A house, listed at fair market value, will sell within a reasonable time periodgin today’s market,” she explained. “What makes us real- ly optimistic about the strength of this upturn is that we are not only Seeing properties sell in the lower price ranges, but houses are again selling in that $350,000â€"$450,000 price range. People have the confidence to move up and to assume a greater interest in property.” The Oakville, Milton and District Real Estate Board’s March residential sales totalled $82,436,332 and averaged $225,853. The median ptice was $198,500. Breaking down the total, 264 sales were reported in the Board’s Oakville District and averaged $230,637, and 39 sales were report- ed in the Board’s Milton District and averaged $166,533. There were 62 rural and other resi- dential sales in the month. In addition to sales of residential proper- ties, Board members reported 36 non-residen- tial sales and rentals of properties during WNW $217,”). wl rule living 3 E . ' sepa- wflhloisofwhdaws. § Tiradea' oak kitchen. 5 qaplianoes. "Flag finiShOd basement. 2 FR, ensufle, CIA. Two'eirdock. PETER BUSTARD' 67 Lakeshore Rd. W. GLEN ABBEY BUNGALOW REALTY CORP. April, moving the grand total to 401. The dol- lar volume for properties of all types was $84,988,564. $429,900. Custom WM“. Cusiom firishlngsopenconoeptumnbleached equine 7 w/buIII-In mpl._ _+ I‘qn._o:_ea O k- gddndievolw ioprivalegaudenlfiERBUStARD "mm___,_,, #1ka wm Bl-LEVEL BUNGALOW ‘Sdes ReBresentoflve PETER BUST ARD

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