CREA revises down 2026 home sales forecast again as September transactions fall 7.7% over same month last year
2 sources·Updated October 16, 2026
Covered by 2 sources
- Financial Post·3h agoCanada’s housing market took ‘step back’ in September amid higher mortgage rates
National benchmark home price down 3.5% from a year earlier as month-over-month sales slow, CREA report finds
Read at Financial Post → - CBC Canada·3h agoCREA revises down 2026 home sales forecast again as September transactions fall 7.7% over same month last year
The potential for rate hikes by the Bank of Canada and already-increasing fixed-rate mortgages are weighing on prospective buyers, according to CREA, leading the association to revise down its forecast for 2026. Those factors were already showing up in September, when home sales…
Read at CBC Canada →