Price Surge Fuels Canadian Housing Optimism to Six-Year High

Canadians are the most optimistic about the country’s real estate market in more than six years as prices reignite.

The share of Canadians predicting higher home prices over the next six months rose to 47 percent last week, according to polling by Bloomberg and Nanos Research Group, the highest level since the survey began in 2008. That figure has risen 10 percentage points since April.