Deep Freeze: Home Sales to Barely Budge in Spring

The U.S. housing market will see no surge at the start of spring, as fewer buyers signed contracts to purchase existing homes in February. An industry index of so-called pending home sales fell 0.4 percent from January but is up 8.4 percent from February of 2012. While the number of for-sale listings increased more than the seasonal norm, Realtors still say a lack of supply is keeping many potential buyers from desired deals. Pending home sales are a one to two month forward indicator of closed sales.

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Albertans have the travel bug for spring

CALGARY — People in Alberta and British Columbia are the most likely to travel this spring, according to the 2013 BMO Spring Travel Survey released Wednesday.

It said 88 per cent of British Columbians plan a trip this spring and will spend an average of $2,641 while 86 per cent of Albertans plan to do so as well and spend an average of $2,489.

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