The weekly barometer of consumer sentiment from Bloomberg and Nanos Research shows that, last week, 37.25 per cent of respondents said that prices would be higher. That’s compared to 35.97 a week earlier.
The majority (45.18 per cent) expect prices to stay the same while 14.50 per cent expect a decrease.
Confidence in the economy as a whole was slightly lower with personal finances and the overall economy lower, but job security and real estate sub-indexes showing growing optimism.
Those in Quebec and the Prairies, renters, and those aged between 18-39 and 50-59 were most confident of better times ahead.
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The percentage of consumers who believe that home prices will be higher in six months has increased again.