Consumer expectation rises for real estate price escalation

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Canadian consumers were feeling a little better off financially last week, according to the Bloomberg Nanos Canadian Confidence Index. With gasoline prices lower due to a reduced cost of oil, the average Canadian is feeling more confident about their personal finances than they have been since the start of June. The figures show that there is still an expectation of increased house prices over the next six months; 41.5 per cent of those polled think so compared to the 2014 average of 40.4 per cent. Read the full story.

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