Canadian Consumer Confidence on the Rise

For all of you Canadians out there feeling bruised and battered by the weak Canadian dollar and falling oil prices. Some good news for once. It appears many Canadians are starting to see the light.

According to weekly polling by Nanos Research, the share of respondents expecting higher real estate prices reached the most since December 2014 last week, or 38.7 percent. That pushed the Bloomberg Nanos Consumer Confidence Index to 54.7 last week, the highest this year, from 54.5 previously.

Read More: http://www.deborahsells.ca/confidence-reaches-2016-high-as-canadians-keep-faith-in-housing/

 

Deborah Bennet

Deborah Bennet

Sales Representative
CENTURY 21 Miller Real Estate Ltd., Brokerage*
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