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CREA downgrades housing market forecast again as June home sales edge up

Rising inflation and fears that interest rates would rise weighed on the housing market earlier this year, prompting CREA to revise its 2026 home sales forecast down. At the same time, the number of homes sold in June rose compared to the month before.

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Rising inflation and fears that interest rates would rise weighed on the housing market earlier this year, prompting CREA to revise its 2026 home sales forecast down. The Canadian Real Estate Association (CREA) revised its home sales forecast for 2026 downward, while new data shows the number of homes sold in June ticked up slightly from the month before. These factors have eased somewhat since then, according to CREA, but the association says they still weighed on the housing market in recent monthsas did a quicker-than-expected drop in Canada's population. "Taken together, the national sales forecast for 2026 was revised slightly lower, reflecting the weak first half of the year, and slightly delayed start to the long-awaited recovery" in the housing market, the association said in a release. CREA had previously predicted a small increase in the number of homes sold in 2026, but it now expects a 1.4 per cent decline compared to 2025.

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Rising inflation and fears thatCollocation

ราคาอัตราเฟ้อเพิ่มขึ้นและความกลัวว่า.

From the storyRising inflation and fears that interest rates would rise weighed on the housing market earlier this year, prompting CREA to revise its 2026 home sales forecast down.

would rise weighed on theCollocation

จะขึ้นและน้ําหนักบน.

From the storyRising inflation and fears that interest rates would rise weighed on the housing market earlier this year, prompting CREA to revise its 2026 home sales forecast down.

housing market earlier this yearCollocation

ตลาดที่อยู่อาศัยช่วงต้นปีนี้.

From the storyRising inflation and fears that interest rates would rise weighed on the housing market earlier this year, prompting CREA to revise its 2026 home sales forecast down.

prompting CREA to revise itsCollocation

ทําให้ CREA ปรับปรุง.

From the storyRising inflation and fears that interest rates would rise weighed on the housing market earlier this year, prompting CREA to revise its 2026 home sales forecast down.

revised its home sales forecastCollocation

ปรับปรุงคาดการณ์การขายบ้าน.

From the storyThe Canadian Real Estate Association (CREA) revised its home sales forecast for 2026 downward, while new data shows the number of homes sold in June ticked up slightly from the month before.

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