Canadian consumer confidence climbs, but housing optimism lags
Another 45.65% expect prices to hold, while 19.96% anticipate a decline.
Household finances offer little cushion. Only 11.03% said their personal finances improved over the past year, compared with 37.91% who said they were worse off.
British Columbia was the only region in net-negative territory, at 46.02. Ontario sat just under neutral at 49.91.
A new international research by Canada Mortgage and Housing Corporation (CMHC) revealed that Canada’s inflation-adjusted home prices more than doubled between 2005 and 2025, rising 101% and outpacing every major peer country.
Fausto Gaudio of IC Savings argues that home prices remain too disconnected from incomes, making it increasingly difficult for first-time buyers to enter the market and highlighting the need for a broader affordability reset. https://t.co/3PehdHgrJn
— Canadian Mortgage Professional Magazine (@CMPmagazine) October 13, 2026
How the confidence data fits the Bank of Canada rate call
Nanos said the Expectations Index has tracked year-over-year GDP growth with a 0.82 correlation on a six-month lag, and that the data has been cited in the Bank of Canada’s Monetary Policy Report. That makes the reading a timely input one week before the central bank’s October 28 decision. The overnight rate has stood at 2.25% since October 2025.
