Results: Most Canadians would welcome home price drops: survey

70% of Canadians said that they would be happy (40%) or somewhat happy (30%) to see home prices finally go down, according to a new poll conducted by Nanos Research for Bloomberg News. This hope was especially prevalent among residents of the highest-demand markets like Quebec (82%), Atlantic Canada (78%), and Ontario (62%). “The survey suggests that Canadians believe that real estate is overpriced and a majority would not have an issue if housing prices went down,” said Nik Nanos, chief data scientist at Nanos Research.-mpamag.com