The housing market has once again kept optimism high for Canadians.The Bloomberg Nanos Canadian Confidence Index has been at its highest for four years recently and while many experts may sound a cautious note for real estate, homeowners are less worried.
The index isn’t just about housing; job security and other economic factors feature too, but it’s the housing market that is driving the positive note. The number of respondents who expect house prices to rise in the next six months was 44.4 per cent last week; down slightly on the week before.
There was also a slight increase in the percentage expecting a decline in house prices in the next half year. With confidence generally high though, there is no suggestion of a slowdown in the market just yet!
