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CREA downgrades housing market forecast again as June home sales edge up

By CBC | Top Stories News Jul 15, 2026 | 5:00 AM

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Rising inflation and fears that interest rates would rise weighed on the housing market earlier this year, prompting CREA to revise its 2026 home sales forecast down. At the same time, the number of homes sold in June rose compared to the month before.

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