Real estate optimism sparks new life into Canadian consumers
Consumer sentiment in Canada showed renewed strength on an improving outlook for real estate and the economy, weekly telephone polling showed.
The Bloomberg Nanos Canadian Confidence Index, a composite measure of financial health and economic expectations, recorded its biggest one-week jump since mid-June, to 48.4 from 46.7 a week earlier. It’s now made up more than half of losses since falling to record lows in early May.
Original Article Source Credits: BNN Bloomberg News , https://www.bnnbloomberg.ca/
Article Written By: Shelly Hagan, Bloomberg News
Original Article Posted on: Jul 27, 2020
Link to Original Article: https://www.bnnbloomberg.ca/real-estate-optimism-sparks-new-life-into-canadian-consumers-1.1471265