What Housing Bubble? Canadian Confidence Hits 6-Month High
- Real estate optimism climbs even amid warnings about Toronto
- Views on economic prospects reach highest since September
Homes for sale in Toronto on Feb. 1, 2017.
Photographer: Carlos Osorio/Toronto Star via Getty ImagesThis article is for subscribers only.
Canadians aren’t buying recent warnings about the dangers of escalating home prices, weekly telephone polling shows.
The Bloomberg Nanos Canadian Confidence Index climbed to 58.1, the highest since early September as the disparity between real-estate optimists and pessimists widened. Views on the prospects for the economy also improved, while overall sentiment was tempered by deteriorating personal-finance scores.