The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

real estate market strong economist suntribune june 27 1884 r3 as past experience has shown canadas real estate markets can adapt to interest rate levels similar to those currently in place therefore residential and commercial real estate activity should remain reason ably healthy in most markets for the re mainder of the year says ae lepage president william a dimma ae lepages market forecast is based on the belief that the recent move to higher interest rates is a temporary situation in dicating the canadian economy is moving into a period adjustment according to mr dimma interest rates may move higher but in all likelihood not more than an addi tional one per cent between now and the end of the year responding to pessimists who claim canada is sliding back into conditions simi lar to 1981 when inflation was taking off like a rocket and interest rates were not only tracking inflation but gaining on it mr dimma points out that it is obvious that economic conditions today and then are totally different then we were straining the economies of both the united states and canada to the utmost inflation was in the 13 to 14 per cent range in this country and interest rates were in the high teens and even low 20s by contrast we now have inflation in the five per cent range and a canadian prime of 12 per cent hardly a recipe for strongly ris ing interest rates todays reality is that there is a politic aleconomic game being played in the us says mr dimma the chairman of the federal reserve board is giving a strong signal to president reagan and congress in an election year that theyd better patch up their differ ences and agree on how they are going to reduce the us deficit the deficit of course is really why us interest rates have begun to trend up in the first place and says mr dimma this pressure should be effective considering there will be a us election in approximately six months if theres one thing likely to make a politician quiver and quake when hes up for reelection its the prospect of an eco nomic turndown just before election time as a result the threat of another onehalf or even a one per cent hike in interest rates will be the catalyst that will force a reason able compromise out of some very intract able politicians concludes mr dimma its a highpowered highlevel game and i happen to think it will work and if it does it will defuse the interest rate time- bomb which has most canadian commen tators spooked out of their minds mr dimma notes that lepages belief that the economic negatives are short- term is underscored by the companys longterm commitment to capital invest ment and expansion on the residential side a commitment has been made to open approximately 50 new branches across canada over the next three to five years as many as 12 new branches one has already opened in mar- kham will be opened this year while some 28 exisiting branches will be given a major renovation expansion efforts related to commercial real estate activity will be concentrated in fuller commercial brokerage company the united states firm lepage acquired in mid1982 explains mr dimma there is a great potential for us to grow in the huge us market which we have only begun to tap so far in 1984 weve opened an office in austin texas and also have moved to a fullservice office in tam pa florida within the next six to 12 months we fully expect to open two or three more offices in the united states for information call 2942200 r j economistsun the tribune 6402100 window shades custom draper kem paints- para paints wallpaper c makhampecoratinq centre 74900 2 storey townhome fieldstone fireplace in living room walkout to private treed patio backing onto parkland small well kept complex in desirable unionville location call dale smith 48255442983162 lssnelgrove 1981 ltd meet kevin mcmillan one member of our great economist sun carrier team kevin is earning extra cash by delivering the economist sun as well as special advertising flyers every week if you would like to be a carrier for the economist sun please call economist sun 2948244 the tribune 6402100 economist sun routes now available in the following areas rosemeade close bridle trail ramona blvd larksmere crt downside road galsworthy drive miley drive pepperell cres simsbury crt risebrough circuit honeyboume cres jonquil cres 2949833 0 of carpet s vinyl flooring kem paints para paints wallpaper window sh sfiufe a e lepage real estate services ltd realtor the name friends recommend unionville 124900 3 bedroom backsplit on large secluded pool size lot home is tastefully decorated just move in call linda carder 117 shows to perfection lovely 2 storey 4 bedrooms main floor family room with fire place full ensuite off master bedroom plus a double garage 119900 carole mcmaster 048 when you care enough to have the very best large 4 bedroom detached home in uniionville huge kitchen separate dining room circular staircase finished basement 5 bathrooms extras galore p browning 127 house and 5 acres unionville rare opportunity to own a great investment in land ask for phi- lippa browning res 4771390 125 entertainers delight unionville detached home on quiet street separate dining room ultra modern kitchen large living room fabulous gar den with pool thousands in ex tras philippa browning 477- 1390 124 if 10 is perfect this is a 20 149700 4 bedrooms pub style family room neutral decor up graded broadloom in every room must be- seen call anne ratz 2942231 or 4714800 0120 2000 square feet 132900 lovely new listing in markham curved oak staircase to four good bedrooms a pretty house with greenhouse style kitchen heather ingram 4714800 126 reduced to sell 107900 markville convenience super 2 storey large lot main floor family room with fireplace and walkout main floor laundry extra large master bedroom with sitting room a must to see ask for donna lincoln 4714800 or 2943545 0054 rental-unionville- tennis court asking 1650 luxury 8 room 3 bath with lots of extras fantastic yard excellent condition i2 yr lease verna hallworth 4714800 res 4773193 113 ballantrae 9tamarac 3 bedroom bungalow on vi acre fenced yard double garage re- croom asking 110000 call ossie tancock 4714800 or 292- 1178 0002 bayviewjohn 155700 executive quality home in prime area professionally decorated walkout from finished base ment backing to parkland im maculate 4 bedroom model ex tras upgrade pam doyle 0011 great family home if you need extra space this 4 bedroom home is a must to see mainfloor family room with fire place hollywood eatin kitchen with walkout backs onto park land 113500 call carol long 47418144714800 elegant executive home 174900 georgian built main floor family room and den neutral decor open oak staircase to basement large rooms ask for anne ratz 2942231 or 4714800 0027 botanical gardens in and out 136900 convenient schools arena transportation park 4 bedrooms 3 baths double gar age finished basement family room walkout fireplace un ionville verna hallworth 471- 4800 4773193 0028 commercial retail unionville 2200 sqft for rent in old village close to train station 100000 per month call carole danard 4714800 0033 great markham energy saver this traditional two storey home has many features to save heat ing maintenance dollars treed sherwood estates 1 26900 call heather ingram 4714800 0041 mushroom farm markham 1 0 acres close to markham oper ating mushroom farm asking 495000 with half down call ossie tancock 4714800 or 292- 1178 0044 markham business plus apt 144500 zoned retail sales parking main floor store apt up stairs basement finished high way location ask for verna hall worth 4714800 4773193 0053 bridletrail 149900 central air verna hallworth bridletrail 4 bedroom luxury verna hallworth super family home with pool anne ratz ssf a place to grow lynn braun something for a family shirley eades black walnut special immediate possession 146900 donna lincoln irv- town living country space nicole dewsbury m stouffville donna lincoln affordable markham 105900 verna hallworth inn country life near unionville verna hallworth trees privacy reduced pat zwaal spacious and special mrs browning 4714800 markhamunionville 8525 mccowan rd hwy 7 mccowan rd computerized mls services