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

https://mins.news/en/item/102794

- CBC News, 2026-10-16 09:00 UTC
- Economy
- Original: https://www.cbc.ca/news/business/crea-september-2026-forecast-downgrade-9.7382355?cmp=rss

> 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.

## Related coverage

- [CREA cuts 2026 home sales forecast again](https://mins.news/en/video/103347) — CBC News, 2026-10-16
- [Canada’s Housing Market Slips Further as Mortgage Rates Climb](https://mins.news/en/item/103103) — Bloomberg News, 2026-10-16
