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EconomicCanada·16 Oct 2026

CREA Updates 2026 and 2027 Resale Housing Market Forecasts

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On October 16, 2026, the Canadian Real Estate Association (CREA) released updated forecasts for resale housing market sales activity and average home prices for 2026 and 2027. The revisions were prompted by volatility in global energy markets and shifting borrowing costs, which the organization described as a roller-coaster year. Specifically, rising oil…

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