Consumers still expect house prices to rise

by Jamie Henry21 Apr 2015
Optimism for the housing market is still rising according to the latest Bloomberg/Nanos Canadian Confidence Index.

The index that examines the future of home prices in the next six months shows that by the end of last week 38.25 per cent thought they would be higher, up from 36.85 per cent the week before and almost five percentage points above the year’s average so far.

Those who thought prices would be lower accounted for 18.17 per cent; 39.78 per cent said they would stay the same; 3.8 per cent don’t know.

All four sub-indexes improved last week with real estate, the economy, job security and personal finances above or near 2015 averages. Overall the confidence index advanced to 56.09 from 55.37 a week earlier. 

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

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

Industry news

Submit a press release


Do you invest in commercial properties?