CityNews Toronto·3 min read·medium
CREA now expects home sales decline in 2026 as it lowers forecast again
N
News Staff
✦AI Summary
The Canadian Real Estate Association has lowered its 2026 home sales forecast, citing a weak first half of the year and economic headwinds. However, officials remain optimistic about a market recovery in the second half of the year due to stabilizing interest rates.
The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2026 again, despite a small uptick in the number of homes that changed hands in June.
businesseconomy
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in