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UW spinoff wins excellence prize DALSA Inc., a University of Waterloo spinoff company, has received mwn(dmpdmlphdod‘un) e * image sensor. mm,wwunmmmpm,mmsm tn.hundn%mostinmvnfinnvdnd:&vdopedhyphohniumâ€" panies in the past year. Photonics, which uses light to perform the work ?fdgchidty.hntgchzogy'ht includes optics, lasers, fibre optics, imaging, electroâ€"optics and optical computing. DALSA, founded by UW Prof. Savvas Chamberlain, was one of only 'IheClnadaEmploymntCenh'eiurSmdenuhucomeupwit.ha novel gift for this Father‘s Day â€" hire a student. mcncusum-wummmummmm helkfiunthoaeoddjobummddnho\m,mdxnpainfin‘hwnm, moving and much more. For more information call the CEC for Students at 744â€"8151. Hire a student for Father‘s Day acon s mc ao t ze The recent rise in interest rates may have slightly reduced the number of homes selling in the Waterloo Region, according to the president of the Kitchenerâ€"Waterloo Real Estate Board. Jeremiah Peats said there is some difficulty meeting buyers‘ needs due to a smaller supply of homes for sale. This has contributed to a decrease in sales of residential housing in may and may result in minor increases in prices later this year. Despite a slight decrease in sales last month compared to April, activâ€" ity remains ahead of sales one year ago. In may, a total of 405 residential transactions were completed at an average sale price of $141,712, a 15 per cent increase compared to 351 sales at an average price of $143,681 one year ago. In April, the average sale price was $142,723 based on 439 sales. Sales of single family detached homes experienced similar results, increasing 12 per cent with 293 transactions at an average price of $153,073. This compares favorably to May 1993 when 262 properties were sold at an average price of $153,592. However, in April, there were 314 single family detached homes sold during the month at an average sale price of $157,693. Active listings in May totaled 2,331, including 731 new properties. One year ago, there were 2,786 residential properties on the market. Rise in rates cools home sales WATERLOO CHRONICLE, WEDNESDAY, JUNE 8, 1994 â€" PAGE 15 Choose from over 200 new arrivals. Every colour, every style, every one on sale! vOUR CHAIR If IN!