Consumer optimism edges higher again

For the second consecutive week there was positive movement for the Canadian Consumer Confidence Index. The Bloomberg/Nanos Research survey showed overall sentiment edged up to 53.61 in the week ending Feb. 26 (compared to 53.47 a week earlier.)

Although the sub-index on the economy and personal finances including mortgages was higher the survey of expectations on the economy and real estate prices slipped.

Atlantic Canada saw the largest decline in economic mood along with older Canadians; renters were more optimistic while home owners’ confidence declined.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Investment Hot Spots:
Ste-Geneviève, Turtle Creek, Bayshore Village, Lac-Saint-Paul, Thrums

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?