Ontario Community Newspapers

Oakville Beaver, 25 May 1994, p. 31

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National house buildings starts, up 6.9% ational housing starts jumped N5.9% in April as singleâ€"famiâ€" ly home starts surged to a 16â€" month high, reported Canada Mortgage and Housing Corporation. Total starts reached a seasonally adjusted annual rate (SAAR)* of 158,000 units, up from a March rate of 149,200 units. Starts of â€" singleâ€"detached dwellings rose 19.3% to 75,400 units M oo tm m* erty + excelle prce. ( Rom, ty enced prioke 3t ar c B. NEWELL* 844â€"6061 GREAT GREAT VALUE $315,000. Close to excellent schools, CEDAR SPRINGS ROAD uo ns e n Bu mtor%.s f [Â¥ fowntown Burlington." _ _ SUSANFAYNN® 844â€"6061 * SALES n , famin setsilr crg%]nm'ap%i ing home + SAAR in April, from a level of 63,200 units in March. Starts of mulâ€" tiple units were reduced by 1.6% to $6,200 units SAAR, compared to 57,100 units in March. "The single starts rebound is in line with CMHC‘s expectations. New construction is responding to rising employment and consumer confiâ€" dence and to the strong performance FREEHOLD "END UNIT" LAKEVIEWS mamtamed %é n%fpec IaGs(é: 'ftr;; en\ge éli JAMES ROSE* 844â€"6061 arge well landscaped lot. _____ EDNA KING* 844â€"6061 sci%%%lars II e) $249,000. Immaculate home with oversized master bdrm., greenhouse kitchen + large deck. Includes all appliances, ‘central air central vac., all window coverings and alarm .system. Private mature fenced garden. Bus stop at door! SUE TOMPKINS* 844â€"6061. 299 Lakeshore Road East, Oakville + 844â€"6061 site aecor, watch Ne salloOoats dining areas, of the resale market. Construction is also catching up after the cold spell at the start of year," said Gilles Proulx, Chief Economist at CMHC‘s Market Analysis Centre. "The recent climb of mortgage interest rates may also have speeded up some buying. These forces should keep pulling construction ahead in the next few months," Proulx added. Pn o one $98, 500 new conclo in Glen includes 5 mph see. SUE HODGE* 845â€"6164. $299,000. Gorgeous all brick 2â€"storey on private 1/2 acre lot, mmmww-m condition. SUE HODGE* 164. SUE TOMPKINS* 844â€"6061 $284,000. New listing, clesirable area, great family , 4 baims., main floor family room, prof. fin. bemt. SUE HODGE* 845â€"6164. 19,000. Near Campbeliville, 45+ acres, Must % d. Century espbémluse be soid. centuy stone , pine floors, 266,212 Raised ith newly o ted coun ktxptg n, custvgm master addition an lole garage. * The SAAR is a monthly figure that is adjusted to remove normal seasonal variation and multiplied by 12 to reflect annual levels. Ontario urban centres posted widely based advances as starts reached 43,700 units (SAAR), up from 34,500 units in March. Single starts rose to their highest level since August 1991. $425,000/ S GEN y Jous . custom 1 MARIAN BAWDEN®* 844â€"6061 EW 1 1/9 |n central Oakwlle 6+sate|l REDUCED 55)4@!!! Mla«r AF ; : $152,200

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