Statistics this week suggest the U.S. housing market may have hit bottom and begun to rebound. But in Canada, real estate is red hot.

(Source: NPR)

Despite some recent positive signs, the housing market remains in a slump in the United States. But north of the border, housing is hot. In Toronto, bidding wars are driving prices through the roof.

Read the transcript, and listen to the NRP report here (July 31, 2009).

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