Not exact matches
Despite higher borrowing costs and home prices, demand for home purchases has grown in the spring buying season as the
economic outlook has continued to improve and
bolstered consumer
confidence.
«Moving into the next six months, key
economic indicators such as employment growth will continue to
bolster consumer
confidence and help to ensure a fundamentally healthy housing market.
«We see the consumer
confidence has been
bolstered with decent news on the job market and
economic growth, strengthening housing market overall in Chicago.»
Solid performance is likely a result of consumer
confidence, particularly in provinces like Saskatchewan, Manitoba, Newfoundland, Nova Scotia, and parts of Ontario where solid
economic fundamentals helped to
bolster the number of homes sold in the upper - end.
«Strong
economic performance, especially in Western Canadian provinces, has
bolstered consumer
confidence levels to such a degree that purchasers in the upper end are comfortable with a million dollar plus investment in real estate,» says Elton Ash, regional executive vice-president, Re / Max of Western Canada.