L 2 7:n ue et runifor homeowners!l John avanAM orne volafility again -rising latte in the year - the mortgage debt. Worried about your holicday bis? pianner oyucnretwail of your opttons and Joh Mot age Agen opportunities aire still much better than anticipaited. Rail themn into your mortgage and get a fresh start strategies, flot just those presented by your current Variables ut 'prime minus"t. For those with on your finances: better cashfiow, big savingsl lender. "'Iort gage "prime pies" variable mortgages, it couid make Ruild a financiaol cusbion. Many Canadi rns weL Arhiects minus" variables, depending on yoursiuatiosn. If through a fnancial emergency. instead make a & u0 Askyour , loa me er gyu aemy upiepe .%o et in the habit af putting a smo11 sumn frornevery mortgagel.anner ~ igherwhile todlay's variables are prime minus paychqenoseilmrecfn.(~~O O ~ ' 20.65% or lower. If you break your mortgage an uying a new home, don't borrow your maximum ~ We'e allngt te ucy Nw ear Wy? take a new onu, you could save on intereut costs amount. And always try ta take advantage af you r to Vt.A.4 le th P, vviost z er noigsm eyuepce eas over the next three years, abter you set out the lender's prepayment priviieges. Variable mortgag e < were nloingsomever unxpetedoppartunities penalty ta break your mortgage. Your principal holders should also consider setting their payments o OrVý0 t « e a for Canadian homeowners. As we do ever v year, here blnemyasesghyoertrhose three higher thon reqsired ta more easiiy absorb any 2are some sensible strategies that can help 'rau take years, which is a further benefit. Ask for an analysis prime rate increases. !Jei2y&i m nz VU v advantage af thase appartunities: .ç tiiitn ...it. .i t% I 4j f 5 V'IlA I of LOVE- sitatin! lài 1 k.i: iOPi V)5.. Pi S. Histoicatlly low rates. If yau con think bock ta the ecanamistu' predictions a year ago, you'Ii remember there was consensus that rates would rise in the spring. Well, they were correct, rates did nuse. But it was unexpected how qu!cky thfey retreated bock ta alI-time lowu, giving Canadans a resh o partunity ta get their bouses in arder. Although rates have started ta show Slasb youir high-interest debt. High-interest consumer debt - like department store cards or credit cards - can derail the best financial plan. They'li eat into your cashfiow and caut you big maney in isterest charges. Put as en.d ta weaith- kiliis debt. Have your mortgage pioniner advise you os the best strategy for slashing that non- sure ta came bock ta taik your mortgoge pionner if you get a lutter or coul from your lender regardis reianc ing or your renewal. Remember, we wark for you and are in tosch with a wide voriety af lenders sa we con aiways make sure you are in the beut position passible. In particular, when you are four monthu from renewai, contact your mortgage ,John Cavan is an Apprtacd \it gage Mintt fvih CLIII~ Atti' s a (t'tft'tttt nitt ns ' t dle citttt Io Jait (ta ins affitce, Iittt' Lt 14 Matin SI., Miltanf. Jh Cala bc i-cci 1 b', p ic 905-878-7213 ci by clati: jtiîuttattbtttt J icstt sattasitc tttt Coat i ttt ( L tlt Jtti toay abouu rsrs va f n a ag Avison Young Releases 2011 Commercial Real Estate Forcast for Canada, U.S. r;ýnAld'ç overail market tr nsitionina alona recoverv curve, select U.S. markets improvinçj while broad recovery remains elusive ToronttoON -Cociu[emacc cat ttctetarciat r tat a' .u'. pet'cat iiteacetrat' ttsrac ig "caacra, an 2t010, and aonie mt.trkcI peiored éler hat epeiedIthat' US ,eeta rkets capta"cd tSistoricatta v Cuatairt narecis ca'tdcd ta tag t t veccattra ety ytar But in 2001t .tad gan n 011t Canatdta dthétc, in tcrmtac cý erp atnd the patercns ot rect eit totttcttut ttct staie, t >ae(r Thts a.tre siet ut tea Suytenads noted ttt Avison Youngs 2011 foire- ca(, rectcu d tuttat rThcanual report ovterstha' Offce, Ruait, t,- dlusia ant ed tInvcstmt'nt markets it t17 régiont Vancouver, Calgary, Edmonton, Lethbridge. Regina, Winnipeg, Mississauga, Toronto, Ottawa, Montréal, Quebea Cit, Halitfax, Chicago, Washingtnn OC. Atlanta, Houston and Bostnt "The Cunadiat taltute tumans postcttc tut She huatuttt tfiei thts wuthout itepeotud tcottitenae andt gtîttth in amiptuyuetttaostumer sptudtng, tudustrit productiontand gross domatt peudutt it,Drt the North Amtttttu tctttmtrttat rua]iatttte mtatktt as attahotu wtt have a dtffttttt ttntt rctoctetttg, conntecrts Mark E. Rose, Cthatt att 1cra ot Auton Yocug. "Having sacd that, un txpttt tacsea the Stuadct U.S. maretc staet tu tcat in the peur aheud, hcsy"ýe ta a re' ttcicg tht rtttt ot steaecg eryhere re Sctug pttced tu pertectuon, ti tt catuutd exptauoni cuiptupuccut tvttt acttuc us ta, tuuk tuttuatt uat gattt the tonfidece ta speud and mnetttt Accutdtug ta Rose, caprtatetcum ptetsiun, dttun uy lw attel raietstît thc taS ut alternative cn'etmmreutt, matstivt amutt tf tapitat stttng un the sitdcttures, aned tttc undet uttutatmuu ut penston ftondt iu rect cs talc tteated a hututtutl ut equit market rectcey in thectapitat marttst portton oftuatut. 'Thtu attnibutet uttuwtd thc ttuttltt teut tttatt tuuest- mtnt ttustt tu recut r tie thue ptttce muuctcmcut t'lctt tu ttth ur and ttransactton ptptttttt tu huitd, teu ttcg iu tutttt't ttcoft30% ta 40% tu tht patt pcut. But autet tpettotmanct wtt cuvertt attaus Notth Ameetta. Bp the touth ttuattet ut 2011t t undatututatt ta the globat and ttttat ttat e'tute matkettt 'hutd stact ta tutu upttatd aud tuuhirm tht posttte tuuthutd esttbttthtd bp tht utucupt tuumatd-tuuhtug anod mote upttmtt ttttcapitat marhets," he tapt Matut Canadtuu tutcttoet tuth ts thc Canada Pension Plan Innest' muent Board, Brookfield Properites, Manutite Financial attd mator RttTt ttuttudtng RioCan and Artis) tetttued tutu, tht a.S. with teit ttuns oftdotlars tn 201t. tutut thuugh Cauatttan guctmeut fsalt sttttuus uta ttttasttuctute tpeucttug has tuppurtcd the rettuetp to datc, ctrédit mtust atta tie gtucu tutreueued confhdtetce ot tht tuet ut the toumett, ut mett ut catpe- rate Canada. tutreated tonfhdente in tht Cuuudtun ecurams' tetite td tttey mtaeket tetur, tmtegthtetg tettatt demuud tue ofthte, ectutt attt tndutnut tpact, ut wett at ttccuug attuutttg tut estntett market. il tt ""t'a tac týii ttattat t act lahiti. ta. itttctt tanca t 2008,'tt tacts Bill Argtter tttt.scctttt ate t tSateonetiecta act hsaccac m.acaag [l 100colpae tccr cait tapce [oat atm 'tîti n t li ma'ke LI.akeen t itpettt cgti(ýi LI tip ysg e t it 2011 t "Attluasttcareicetttttthalltdtitt11 aami cia usut n ttcduecaadtjolicgiccýtc.aeaes tirecU.S ce tiaee oriciitiutect.ct uaaauscinetieU.S %vt5 ac.tain tha'irenncemcodiudtionsct 201)tt cotnents Earl Webb, hActacu Yaaaaegl. 'ectactan, U.S. apcratiuns. St cxet satet dotlar vouamc tam ciue tl anceet ut dtélit teatne mur aaiacuhe a tctteulctytccts tcatlettien teieare, ad attuattt Scgan ccc ra cec ttcgtta tIloaee. cmoeepucmecet ailutt e CANADA affice attaîmeatta t he-treport, canadacs ofettt vctanat rame tiaugcd taLu ema talo tac hu Iat machce riat 01, littcge60 tecs ptsc.m')5t ' 8.6 ta mie 0 fttrotntQ 2% inu 200 dias stu)acfttt and Laotoa k cth muta Elginao te 12 t.mc iatmi teicts suvm e ttmttttutrrctittat a deatat aia ccieacttcaara- atreesa fotttu00qdctct9ttacacmcres ccacd ttcs [i bard. tn 2t1tt otffceucanap rtts ccitt continmue mutaît tutu ateus, che acoury mc ite h,- aeit vacacc rte cspactd tu a-cd rie tarietghtcttuacoc tme 9%n rangt Remnmrms met ttc récessio main aontinue tetrctmtSu ligr ummwl b otttc ni icau) nmaretus. Sevueaoftiet 12 marets wl a'îtt s u'ecat tuae5itg dégres, a ecte mu vacaunp au 2011 t areuy au S5utmtemm Canadta. t nattutut cctt rangt trammu S0 ts t5tcmtca vae)tmat50)brptt d monmton)O amthémainetcanct. caia.mmîpcvt[end acta- t mmcha marets ut Witnniîpeg t 20 tmts taS4 S'a). hMtsistaugu t 30 hpt ta 12.7%), STatiau t-40 bsta mu th6) cat Slametut t 1 hpt ta 8%) mhîte hotdinag sce.cut cit Qutat City (4 te'!U Tire taaaceph t.cmgca otfac market, Torotaot, n mtt pcaS ai t10 8% t> ycatentt 20'11t Retail Reacvertttgouutuet confidentt o-at te St> tatoe ime dttrminceg ttce dyamecn tht rttamt ttctmeeg maret tee d2t)) Dcsttmt areé icaacs tatng SucS ut ctatmrg Lhue duat - otte- e cted tht upptucmc ta I eupund anmeat inceaut a nccc turmait. Evern thet rodactioccn af tht Hurmnnted Sales Tu, (tft mmm) t Bititsh Coltumbtia amd ameta tmhtcg uatstcttt ctd nut dueretanuee fntet upc nmeg chei wcc muttcm etai mat attot ha' ttttt suptte tprpty type atunmg imstame ut er the pt peutr Inail, $1.8 btiuio ccareh oet relaut eimpuniescthuugcd hueats hcmtuen daruurp ant) îuatcemtma'm 201), tapcemrg 31~ ut o tire oe mut inaestmrent vatumt. The rettmaaat stable' etarnomp urdmtorte pativemm otucut coauptmt mtm tri peaeumr conuer caonfidence, attoautttac'd c ,tt t-tc hat Idý tttt tete at ttc 1, 't nj tr ) o ttli amcuttamarke ttatcgata nmte rectutuetý peaccb tnc20tît a- uu.tidtis enutiivci te t eucattd etoect fronttaômmdý ittt 20hq utcatcv cttsttui 011 as trust marktsîtcgtccutatttctthttte'c ýe ttttcAsttcrugttt c',da inuttdatttr, eutte Stcctcc ttttcctctniaatd ta ttutd tecadt t ti 83, cght cf tir ttc ctt.ctctg t0 7ttdttstrtut matkets sure'acpd tctt tec ttict caai t raccctt t tte ctl cttc v ) trn t01 tn ttc Wet,. tcthmrcdge ctt cxptttience th tae îmo ntabt't dcattIC in 20tt , dtecpincg t170 hpt ta 4h. In tht t att attuaa tttl ctpérceca Sti Sp' der ta httt ta 17%) ,hctc Rtentsttt conuéc ta) tcatt the t ,ctccccutttcut aacnyrae n tcutry ut t 9%ý t ce ncd and te tuuttt antte.etta[d catpettltt tata ctod tcce cuiito cfinettteet-gr.cdae asses teucat d ta ttccc In 200Q, cauctionecctatuc t'ecaaet'cttcnge Iotmatah tttlcet teeecg Huttarc-e., 20tt t0sur e illaeed ceupoeuttet Bp te ehect ctcaeter mure ttn $t2 bilttone conine til ut eteae attcts teud caed htetttt tttaa'deg te totat tur att ot 2009.) Tht gettth repecited a 57% ctnptuocet utte tht tecuout ucea atacet teecac ttctd aaomteessionu et utiercty ontce egacet uud soume ctct aie Luecenacet of2007 tccctt tht tetaacc peut, Tht aggrescevc patce ee cimetsteuatis an~tacedat t ttLIisepced ce aoiuteint 201t th tetcet mue capittauccng ta Ironea U.S. Office Oftice uaterption ta nct marektets ete.eattttc Tht' ntitontal taaee rate tayr dos to t3, lit. ee1 ddt) ute runait muaret tuaecd tut,. Apprteauthig yce-n tutt 10,td tht [tit' meatjoe Avsttct Young U.S h ffceta markttrtaedttt au at'cett aereccactatetet tf t5.%, c'tttteatt tIC It t.9%) uhee teasieng acutîtta -bteetd S> tédtrat gucceateeceet demaud -mutsupaciet 2009 tec'ttt atd tatautta tats tctttttd t 20t0. Chtcago (20. 2%), Atlata. (20%), Houtan tt4.8%) utat Bs tac (12.7%) tat tht'ercanty eatecttaah upcvuect. W'httttttttt'ttttut markeets actepLtea buht 20tt tfic u leasicnceg ctep tftttt cttttcvractnttt .attciatutctt te et' ac a ca r rattetu Retail tlcs)etu ttc clusaag ot ste temao ctaitcts ctuecug tteceston, etuat tcattagtegau t mrate cee gt) t1cct alet aiut t loact - and the ccut e .a'd ttc ati\ot tcetttatute t ii gutuh'tct. tctttcttarkts,%ataLC uctc taý t. tc atc, radtct ler tate tt ttci t actacttcced tua ttucc ~ti>lcalbsc cstetu taa etuv aci Sat s 15 tata et sa tra téscLona ttné , ftae eccura aau accu frtt th s'a' o tturttaee vactdcd ta th attie actat) ttc.t tt lo'euscto udta a) marktu at impr.h% tht ctrat bte hacat) arueai nra'tas teuhatatn dtttw t00 ttmeae i ton dtte td a aaet can htcncetg Ateetatioa e nu oaléoometcroe herti Indusîttal Ttetttt ttttu muretetnm,,cacd cama ih teet ughceuc 00 altsi eg atuupuatyand mtaeetutmtcmg a cactuta tatea'ov chctàt att ycae te c, untttct el t U.S aomnauesl tctmt tuac att ddtug ateuctc ctd au- cuncla' Sccand tcatunut recrtcacuttt au 2011 t Fece ti S, markts atc pnrectttng cigttfctutceptattatet hattette, noault dtat tact te. reeurted ta tetteat markts tuth as Chttago, n-SecS ts taecatt ta ts'a listtaaantp drap tu t1 tIX, in 2011t. Amang tht Atatan Youug tuduttr, t ntaehcet Houtoun mat ttc caltet ut peut tnd 2dt0 nvieS 6.2ý va- tant atd tuettece g et ,th t .ncttcapated Rtet ratesu aetpattttd ta amtcrc.cc andt accttt Hauso tacaana> ts tecatt ta dropte a mc S tht atutndt t tttt- e ttcae i tie tetaana' tate ut ont cither At tan Yunug cudutuat marett au tht U.S. Thctctpitut utachets utta t crte at tht hctght spuots tor ttc U sý o tcag tucattuccut mmmat aor U attet, cd St' Cuuudcuu pueahatcs vea siugta tettetaut att 201t. cnadtautuompuesc demnstaeecd thet ntcrcsttin tcuntrutat bucnes dtstrit oftite attets anîth majoru tadtt tu Haustan, Suce Franecttcoaed New Yark. Octtutt. invetttmtnt sates t ,ahttccd Sp mtd- ycut uu anttomnued ta firm up in tht tetond talt ut 201t0 acc-ntt ua becuctîc rtutalita aboaut prtcmug, reduttng the targe Sad-as t pecutt ut réentucears and aau't d au catttteg uddittnat aaptal etetaupe dis- posictis Mr taccateiet utxpttced ta Se hraught ta narett ccc 11t ecuttcg tn uter tneauet mn toal tates volummt Rosc aidd "Atthuugh lee et tntteett rtth in an>' tetcvrgr catatat hatttttt citt contttnue ta set i tec urdett' flow ott capittat ta tat etate, Iteetatest are to atv.s aute uctanptttttg dittttted tettttmg ts atma t nan-cxtata ated eeuptcp assct, aee hecng aggtttttctty taught acte cs they Secoau utucabtc. 555 aca e ut hat ntntonaln tarpatiocnse and amireu ajcacep- tes at tpatc ccatt ttngthen theitte trcctcsnettet and Scgcn ta et at att lotaeece geacuth ptans an 201t1," tattattdet Rostc "As tate cdu- ttsaatecctahtug gachets ttum atecuet> ccctt tuttact. and tf utaecorc chut thc aettcoeanctt ctttt ttrche an at-erat potive hiaet. e acaanacit te.cccai ta drap anud rceiit etstt'tt egan ta Lie Thisc i n a rétc rcov aacry ctctue, IL htuttp ttctt tttt acttutt tmptucctet coul liett t aracced te cureter." LIIJL~~~V~~7U Lrr ýD)L[ L]W cp~~ 0 M1LV£1ý[PIM[E 0 MM a> cea "c Check Out The Milton Canadian Champion Real Estate Section Every Tuesday and Thursday Cail Diane to reserve your spot today! 905-878-2341 ext. 212 Fax: 905-876-2364 dianew@Pmiltoncanadianchampion.com k t V V% 1 Il ýD iýJ 1't tIDt/,Lot pq 1 -à cî t Il