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03

Real-Estate Blues Bring 6th Straight Drop in Canada Confidence

By Tony Seruga

Decline in optimism on home prices is largest in three years
More people see flat economy, Bloomberg Nanos polling shows

Canadians are starting to lose faith in their housing market.

A gauge of real-estate sentiment dropped by the most in three years last week, according to telephone polling by Nanos Research Group. That dragged the broad consumer confidence Index down for a sixth week, as the recently elected Liberal government introduces measures to restrict mortgage availability in larger cities…

Real-Estate Blues Bring 6th Straight Drop in Canada Confidence

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