Perceptions on the future value of real estate shows upward pressure (Bloomberg/Nanos)

Canadians are in excess of three times more likely to think that the value of real estate in their neighbourhood will increase compared to decrease. Over the past four weeks there has been upward pressure on perceptions that real estate values will increase in the next six months. Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,103 respondents in Canada. This report is based on the four waves of tracking ending August 18, 2023...