The only thing Canadians are optimistic about right now is the housing market

By External Author |

Confidence in the Canadian housing market continues to boom, even as officials grapple with a resurgence of COVID-19 that’s slowing the economy, telephone polling shows.

Some 45 per cent of respondents in a weekly survey by Nanos Research Group believe the value of real estate in their neighbourhood will increase over the next six months, the highest reading since mid-March, when mass shutdowns were imposed to control the coronavirus outbreak. At the same time, only 13 per cent believe values will decrease, the smallest reading over the same period.

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Original Article Source Credits:   Financial  Post ,

Article Written By:  Shelly Hagan

Original Article Posted on:  Nov 02, 2020  

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