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via moneysense.caEconomy

CREA downgrades home sales forecast for the third time this year

FROM THE WIRE · MONEYSENSE.CA

The Canadian Real Estate Association (CREA) has downgraded its forecast for home sales activity in 2026 for the third straight quarter.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishLower home sales forecasts for Canada can weigh on housing-linked credit, rate expectations and consumer confidence.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Canadian Real Estate Association (CREA) has cut its 2026 home sales forecast.
  2. 02It is the third straight quarterly downgrade.
  3. 03The revision concerns home sales activity in Canada.

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