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a inn wm BEL a v crm------r-- --_--_--_-- i --,§Y® Third quarter national housing starts rose 6.7 per cent from the second quar- ter of 1992 to a seasonally adjusted annual rate (SAAR) of 176,000 units, reported Canada Mort- gage and Housing Corpo- ration (CMHC). Second quarter starts were at 165,000 units. Improvement in the third quarter was due to higher starts of both sin- gle-detached and multiple PORT PERRY STAR dwellings, 96,000 units and 80,000 units respec- tively, up from 90,000 and 75,000 units during the April-June period. "Third quarter results continued the trend of gradually rising activity evident since the begin- ning of the year. Higher levels of starts were re- corded in all regions, ex- cept for Quebec which posted a decline following a strong second quarter surge," said Gilles Proulx, Chief Economist of CMHC's Market Analysis Centre. Ontario starts rose to 60,000 from 55,000 units SAAR during the third quarter. The increase mainly reflects a gradual improvement in single- detached starts, while other types of dwelling construction held steady. Housing starts in Que- bec fell to 33,000 units SUCCESS INC. Hwy. 7A at Water St., Port Perry 985-7371 Tuesday, November 3, 1992 SAAR, from 45,000 units recorded in the April-June period. The decline was steeper in the over sup- plied apartment sector, al- though all types of con- struction were lower. Activity began to improve toward the end of the quarter. i In British Columbia, starts jumped to 44,000 units SAAR, up from 35,000 units in the second quarter. The improve- National housing starts are up ment resulted from a surge in multiple-unit construction especially apartments and row units. Prairie region activity rose to 24,000 units SAAR, up from 20,000 in the April-June period as a result of higher starts in all three provinces: Alber- ta starts reached 18,000 units SAAR while both Saskatchewan and Mani- Turnto Page 4 gi 85 oe. RR SHER, GH rad sR A i a dh CHERISHED YE Exceptional Century home in the heart of Port Perry. 4 bedrooms and large loft for the imagination. Home is completely restored and upgraded. Pine and hardwood floors, dining room with french doors and Vermont Casting woodstove. Screened in cedar back porch, overlooking professionally landgtaped yard with inground pool, changerooms and detached garage. Home is decorated with exquisite taste. A must to view! Listed at $279,900. Call Ramona Reesor for more details at 985-1500. STERDAYS SHOWS WITH PRIDE Immaculate family home in nice subdivision in hamlet of Greenbank. View of countryside for miles. 3 bedrooms plus 1 down with cozy rec room and woodstove. Large yard with mature trees, extra deep garage, close to schools, park & tennis courts. A must to view! Listed at $160,000. Call Ramona Reesor for more details at 985-1500.