US EditionCanadian Home Sales Rise 2.8% in June
CANADA, JUL 15 – The Canadian Real Estate Association lowered its 2025 home sales forecast by 3% despite a 2.8% increase in June sales due to ongoing economic uncertainty and tariff threats.
- Canadian home sales increased by 2.8% in June compared to May on a seasonally adjusted basis, as reported by the Canadian Real Estate Association .
- The CREA indicated that home sales in June rose 3.5% compared to last year, showing signs of recovery in the housing market.
- Despite a recovery, the CREA downgraded its home sales forecast for 2025 for the second time this year.
- June’s national average sale price decreased by 1.3% from the previous year to $691,643.
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CREA cuts 2025 forecast again but says home sales are rebounding from ‘chaotic start’
For the second time this year, the Canadian Real Estate Association has downgraded its forecast for home sales in 2025, even as it reported the number of homes changing hands across the country in June rose 3.5 per cent compared…
·Hamilton, Canada
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Winnipeg Free Press+18 Reposted by 18 other sources
CREA cuts 2025 forecast again but says home sales are rebounding from 'chaotic start'
Breaking News, Sports, Manitoba, Canada
·Winnipeg, Canada
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Total News Sources34
Leaning Left17Leaning Right1Center6Last UpdatedBias Distribution71% Left
Bias Distribution
- 71% of the sources lean Left
71% Left
L 71%
C 25%
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