Best housing sentiment since 2014 lifts Canadian confidence

Ottawa

THE number of Canadians with an upbeat view of the housing market has increased to the highest in 18 months, weekly polling shows.

The share of respondents who believe local housing prices will rise in the next six months increased to 39.4 per cent in the week ended April 15, according to polling by Nanos Research Group, from 38.3 per cent the previous week. The share of respondents who see lower prices declined to 16.6 per cent from 17.1 per cent, the lowest since November.