Canadian consumer confidence continues to track in positive territory, largely driven by positive views on the future value of real estate. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,010 respondents in Canada. This report is based on the four waves of tracking ending October… Continue Reading Canadians more than three times more likely to believe real estate will increase rather than decrease in value (Bloomberg/Nanos)
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Category: Issues of concern
Consumer confidence remains in positive territory with views on future strength of economy up in pas...
Canadian consumer confidence continues to trend above 50 points on the diffusion index. Based on the projective power of the data the first quarter of 2025 is expected to be positive setting aside an exogenous event. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,010… Continue Reading Consumer confidence remains in positive territory with views on future strength of economy up in past four weeks (Bloomberg/Nanos)
Positive views on the future strength of the economy up a significant six points in four weeks (Bloo...
Canadian consumer confidence remains net positive largely driven on more favourable views on the future strength of the Canadians economy. This key measure is up a significant six points over the past four weeks as interest rates ease. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey… Continue Reading Positive views on the future strength of the economy up a significant six points in four weeks (Bloomberg/Nanos)
Consumer confidence hits 29 month high on easing of interest rates (Bloomberg/Nanos)
Canadian consumer confidence hit a 29-month high – largely on more positive views on the future strength of the Canadian economy. Sentiment is in the context of a broader environment of interest rates easing. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,059 respondents in… Continue Reading Consumer confidence hits 29 month high on easing of interest rates (Bloomberg/Nanos)
One in three Canadians are worried or somewhat worried about paying for housing costs next month – w
One in three Canadians say they are worried (14%) or somewhat worried (19%) about paying next month’s housing costs, whereas almost two in three Canadians say they are somewhat not worried (10%) or not worried (55%). Canadians aged 55 and over (20%) are less likely to worry or somewhat worry about next month’s housing cost… Continue Reading One in three Canadians are worried or somewhat worried about paying for housing costs next month – worry for younger Canadians jumps to one half (Nanos)
People over four times more likely to think the value of real estate will increase rather than decre...
Consumer confidence remains in net positive territory as Canadians are more than four times more likely to think the value of real estate will increase rather than decrease in the next six months. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,093 respondents in Canada.… Continue Reading People over four times more likely to think the value of real estate will increase rather than decrease (Bloomberg/Nanos)
Consumer confidence hits a two-year high concurrent with rate cut announcement (Bloomberg/Nanos)
Consumer confidence has hit a numeric score not seen since May 2022. This weekly tracking score has occurred concurrently with a cut in interest rates from Canada’s central bank. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,120 respondents in Canada. This report is based… Continue Reading Consumer confidence hits a two-year high concurrent with rate cut announcement (Bloomberg/Nanos)
Consumer confidence for 2024 continues to track in marginally positive territory (Bloomberg/Nanos)
For most of 2024, Canadian consumer confidence has tracked in positive territory with a score between 50 and 54 points on the 100 point diffusion score that makes up the Bloomberg Nanos Index. Positive scores are most likely to be driven by favourable views about the future value of real estate. -Nik Nanos, Chief Data… Continue Reading Consumer confidence for 2024 continues to track in marginally positive territory (Bloomberg/Nanos)
Views on real estate remain net positive but near five-month numeric low (Bloomberg/Nanos)
Overall Canadian consumer confidence remains net positive. Of note, positive views on the future value of real estate are near a five-month low but still outpace negative views on real estate. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,092 respondents in Canada. This report… Continue Reading Views on real estate remain net positive but near five-month numeric low (Bloomberg/Nanos)
Generational Divide – Canadians over 60 have highest consumer confidence under 60 less confident (Bl
Although overall consumer confidence remains marginally positive there is a significant generational divide. Canadians 60 and over have the highest consumer confidence compared to all other age cohorts. Those over 60 are likely the least affected by the rising cost of living. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and… Continue Reading Generational Divide – Canadians over 60 have highest consumer confidence under 60 less confident (Bloomberg/Nanos)