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Canadian 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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The Globe & MailReposted by 
The Hamilton Spectator
The Hamilton SpectatorCREA cuts 2025 forecast again but says home sales are rebounding from ‘chaotic start’
Home sales across country rose from May, up 3.5 per cent on an annual basis, while national average sale price fell from last June, Canadian Real Estate Association data shows
·Canada
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Total News Sources40
Leaning Left17Leaning Right1Center7Last UpdatedBias Distribution68% Left
Bias Distribution
- 68% of the sources lean Left
68% Left
L 68%
C 28%
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