Rosy views on the housing market have helped drive overall household sentiment back to pre-pandemic levels even with the country dealing with a second wave of COVID-19 cases and new lockdowns. That bodes well for a quick rebound once restrictions are finally lifted.
Every week, Nanos Research surveys 250 Canadians for their views on personal finances, job security and their outlook for both the economy and real estate prices. The Bloomberg Nanos Canadian Confidence Index, a composite gauge based on a rolling four-week average of poll responses, rose for a sixth straight week to the highest since mid-February.Article content continued
The index had plunged by a record one third in March and April, before beginning its climb back in May.
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