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CREA Revises 2025 Housing Sales Outlook: Q2 Adjustments For Tariff And Economic Uncertainty

Summary by canadianrealestatemagazine.ca
On April 15, 2025, the Canadian Real Estate Association (CREA) released its quarterly forecast for home sales and prices, updating its January outlook to reflect heightened economic and political risks.  For 2025, the CREA now anticipates 482,673 residential transactions, a 0.02% decline from 2024, which is a sharp reversal from the 8.6% growth projected in the first quarter forecast in January. The national average home price is forecast to dip…
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canadianrealestatemagazine.ca broke the news in on Thursday, April 24, 2025.
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