Analysis – The buyers are back, Canada housing market defies doomsayers

TORONTO (Reuters) – Daniel DiManno sold his Toronto house for less than he had hoped and wanted to see if prices would cool before he bought a new one. But Canadian mortgage rates are rising again and that’s spurring DiManno and others to jump back into the market, cutting short an already brief housing downturn.

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Alberta economic snapshot for June 29, 2013

CALGARY, AB, Jun 29, 2013/ Troy Media/ – Employees in Alberta are known to be hard workers. Not only do Albertans participate in the labour market in greater proportions, they tend to work more hours per week than employees elsewhere. But on the measure of weekly hours of work, one other province now takes top spot.

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