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iwinelscektlbfervi the year of ups and downs as residential real estate markets go 1987 was nothing if not interesting ozzie jurock president of royal lep- age residential real estate services said although there were significant variations toronto dieco 6404151 ml albert 4733500 o fvsw jiatsotv srteaw 114 main street west stouffvthe ontario loh 1l0 siavwc oua community since ks announcement dale matthews maurice farquharson president of farquharson realty limited wishes to announce that dale has joined their rapidly growing real estate team dale has been involved in the ux- bridgestouffville real estate market for the past 3 years listing and selling properties both in town and sur rounding rural areas dale wishes to thank her many friends and clients who have supported her in the past and looks forward to assisting them in the future dale can be reached at 6404151 or 8523006 in real estate markets across the country during the past year almost all areas saw growth typical of the canadian mosaic housing sales and prices rose dramatically in some markets moderately in others while some centres experienced very little growth next year with a strong economy and moderate interest rates home buying de mand is expected to continue to be relative ly strong in most areas but considerably more stable the stock market downturn in october is expected to have little or no im pact on real estate markets next year says jurock the one common thread is that 1987 has seen some of the most volatile markets in many years jurock said typically the spring months saw very strong sales and price increases in many centres followed by a return to much more stable market conditions by the summer months by the end of this year the market in canada as a whole will see an increase of housing sales in 1987 of close to nine per cent jurock said the overall average price will be up close to 16 per cent to 110000 next year is expected to show fewer of the radical ups and downs experienced in 1987 jurock points out that stock market events like the one in october 1987 have no direct impact on real estate markets in 197374 for example stock markets ex perienced major declines but the average price of homes in canada rose significant ly we foresee little impact on the eco nomy as a whole and virtually no impact on real estate sales or prices as a result of the stock market downturn in october said jurock royal lepage forecasts a seven per cent increase in the number of residential re sale housing units that will be sold next year a six per cent increase in the average selling price is forecast for 1988 in canada which will bring the average price up to 116500 jurock said there is a danger in using such overall averages its been said that all averages are wrong he says be cause an average blurs over the more meaningful individual components that make up the average for example although the average price of a home in canada is up an estimated 16 per cent in 1987 the increases across the country have ranged from one per cent in halifaxdartmouth to 30 per cent in toronto although some factors including in terest rates affect all parts of the country real estate markets are primarily reflec tions of local conditions jurock said perhaps the largest single influence on residential sales and price trends is the loc al economy he adds followed by local consumer confidence levels in 1988 royal lepage is forecasting a year that is closer to the historical norm residential resale housing activity in canada is expected to increase seven per cent while the average price of homes is forecast to rise six per cent to 116500 by the end of 1988 royal lepage is canadas leading real tor with more than 350 residential and commercial real estate offices and close to 10000 employees in canada and the united states with affiliates overseas country wide moves to town real estate agents have a new place to turn with the introduction of country wide realty to mar- kham the new real estate brokerage is part of a yearold franchise of more than a dozen offices which began in mississauga it opened in markham on nov 16 and will serve both markham and union- ville vice president paul freer said one long range plan is to open a unionville branch office the difference for agents is that country wide offers a 9010 com mission split for agents sales representatives start earning 60 per cent of commissions but once they reach an income of 36000 their portion of the commission is increased to 90 per cent there is also no charge for desks advertising or other over head costs freer said the reason the company offers this is be cause it hopes to attract the best agents its commonly known that 80 per cent of transactions are done by 20 per cent of agents our goal is to fill the office with good people the office has six other agents including dianne woodcock bo jensen walter scott brad stro- nach evelyn black stan zbier the broker is bob reynolds country wides office is at 124 main street above the seagull restaurant i mason limited realtor invest in a lifestyle cachet bungalowi well maintained custom home surrounded by mature trees come see and touch naturel asking 429000 call dorothy mason 4741710 reduced must sell owner transferred luxury home approx 2880 sq ft ceramics pool open stair case to bsmt marley roof up grades galore rosemary reid 4798965 open house 25 arrowflight markham 24 sat dec 5 3 bdr excellent condition mature lot 199900 i n executive unionville bramaleas windsor overlooking golf club approx 3382 sq ft spacious master re treat inlaw apt pool centre hall plan rosemary rcid 479- 8965 sarr sold full price 1 lonsdale court asking 399000 vendors very happy call robert leadbeater 8839456 or 4741710 wantedi great gulf churchill model call robert leadbeater 883- 9458 or 4741710 sold 1 week 1 dryden crt markham asking 293000 call dorothy mason 4741710 investment opportunity scarborough condos 3 bdrm units well priced at 104000 6 sold 2 available flexible closings excellent in vestment potential call audrey campbell or ailsa attersley 474- 1710 the sign of quality 4400 hwy 7 unionville 4741710 winwinwin you could win the victorian home from mason limited realtor dorothy mason audrey campbell ailsa attersley gall shaw virginia northcott robert leadbeater jeanne page hampton house is the stuff that dreams are made of to the left of the threestorey tower which contains three rooms and leads to a secret hidins place is a large twostorey wins the right portion of the mansion is set back slightly to create a wide front porch complete with railing a large bay window on the first floor combines with two windows on the second floor and the tower to add character to the architects design draw thurs dec 10th just in time for christmas drop by and have a peek on dis play in our unionville office drop off or mail to peter l mason ltd realtor 4400 hwy 7 unionville l3r 1m2 name address phone numbers no agents please