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EconomyCREA cuts 2026 home sales forecast again as September transactions drop 7.7% year over year

The Canadian Real Estate Association has lowered its 2026 home sales forecast again. It says possible Bank of Canada rate hikes and rising fixed mortgage rates are weighing on prospective buyers; September sales were down 7.7% from a year earlier.

Canadian real estatehome salesinterest ratesCREA

CCBC News★★★☆☆2026-10-16 09:00Original

CREA cuts 2026 home sales forecast again as September transactions drop 7.7% year over year
Economy