Canadians expect real estate prices to increase

By Elli Davis, January 4, 2010

Canadiens Are Confident In National Economy
by Danielle Scott

Nanos research poll with 1,003 respondents conducted between December 10 and 13, 2009 has brought interesting results! According to them, Canadians are quite confident in the national economy.

48.9 percent of the polled Canadians expect the economy in the country to improve in the next six months and only 12.3 percent predict it will worsen. According to 34 percent there will be no significant change. As for Ontario, 55.4 percent of respodents from the region expect stronger economy, 28.8 think it will stay the same and 11.2 believe it will be weaker.

Concerning the real estate, exactly 46 percent of Canadians think that real estate prices in their neighborhood will increase in the first half of 2010. 43.2 percent of them expect them to stay the same and 7.6 percent believe they will decrease. 49.1 of respondets from Ontario believe the real estate prices in their own neighborhood will increase, 39.7 percent of them predict they will stay about the same and only according to 7.3 percent there will be a decline in prices.

More and more people are starting to believe the real estate market and economy as such are on a good way to completely recover from the recession. Let's just hope their feelings are right.

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