Confidence falls among consumers

The share of Canadians expecting real estate prices to fall has reached the highest level in seven years, driving consumer confidence to its thirdconsecutive weekly decline. The Bloomberg Nanos Canadian Confidence Index fell to 57.7 from 58.4 a week earlier, still above its 12-month average of 56.1. Several factors drove the deterioration, including real estate, weakening personal finances and pessimism about the Canada economy.