Canadians’ Real-Estate Exuberance May Be Fading
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Canadians’ exuberance about the housing market may be coming back to earth, survey data show.
The share of Canadians who predict home prices will rise over the next six months fell to 38 percent last week, the lowest since April. The survey is part of polling for the Bloomberg Nanos Canadian Confidence Index, which declined to 58.8, from the prior reading of 59.1, the lowest in five weeks.