A majority of Canadians (70%) say that they would be happy (40%) or somewhat happy (30%) if housing prices went down. Residents in Quebec (82%) and Atlantic Canada (78%) are more likely to be happy or somewhat happy with a decrease in housing price compared to residents in Ontario (62%) and the Prairies (63%). As well, women are more likely than men to say they would be happy or somewhat happy if housing prices decreased (74% and 64%, respectively).
Nanos conducted an RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1044 Canadians, 18 years of age or older, between September 2nd to 4th, 2023, as part of an omnibus survey. The margin of error for this survey is ±3.0 percentage points, 19 times out of 20.
This study was commissioned by Bloomberg News and the research was conducted by Nanos Research.
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