Consumer optimism for property prices lower again

Consumer optimism for property prices lower again

Consumer optimism for property prices lower again Canadians are increasingly pessimistic on the economy and house prices. The latest Bloomberg Nanos Canadian Confidence Index shows that on the economy as a whole the index fell last week to 18.26 from 20.12 the week before and was below the average for 2015 so far. For real estate prices there was a slight dip in the level of people who believe that prices will be higher in 6 months, although it is roughly at the average for the year to date. Confidence in both personal finances and job security is up though.