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 Scientist
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,117 respondents in Canada. This report is based on the four waves of tracking ending August 30th, 2024. The margin of error for a random survey of 1,117 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.