Consumer confidence rises in economy, real estate
Confidence in real estate and the wider economy has increased for the third consecutive week. The Bloomberg Nanos Canadian Confidence Index was up to 55.02 last week compared to 54.56 the week before. The sub index on personal finances and job security was flat while figures on the economy and real estate grew. Asked whether home prices would improve in the next six months 34.24 per cent said they would, 16.70 thought they would decline and 47.04 thought they would stay the same.