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.

Read more: http://tinyurl.com/orbpto4