Forward looking consumer expectations are starting to trend upwards, largely on improvements in positive sentiment on real estate. We may be transitioning from a net negative to a neutral view on the future value of real estate. Over the past four weeks positive real estate sentiment has increased by eight percentage points.
-Nik Nanos, Chief Data Scientist
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,149 respondents in Canada. This report is based on the four waves of tracking ending March 3, 2023. The margin of error for a random survey of 1,149 Canadians is ±2.9 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.
To view the full report, click here.