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Tariff uncertainty foils 'slam dunk rebound year' for national home sales: CREA

  • CREA downgraded its 2025 forecast for home sales activity, according to an April 15, 2025, report.
  • Previous forecasts anticipated a resurgent market, driven by interest rate cuts and easing mortgage rules.
  • March saw a 9.3 per cent year-over-year drop in homes sold and a 4.8 per cent month-over-month sales decrease.
  • CREA's Shaun Cathcart stated the market has shifted to "treading water at best."
  • CREA now anticipates 482,673 residential property sales, nearly unchanged from 2024 and less than January's forecast, due to economic uncertainty.
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Winnipeg Free PressWinnipeg Free Press
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Tariff uncertainty foils 'slam dunk rebound year' for national home sales: CREA

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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insauga broke the news in on Monday, April 14, 2025.
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