Home sales in June, although expecting low sales this year, says Canadian Real Estate Asok.
For the second time this year, the Canadian Real Estate Association (Crea) has downed its forecast for home sales in 2025, even reported the number of houses changing houses across the country in June in June in June in June in June.
The association said the sale of Canadian house also increased by 2.8 percent on a seasonal adjusted basis last month.
In her approach released on Tuesday, Kreya said that now a total of 469,503 residential properties will be sold this year, declining by three percent from 2024. In April, the association made the number of house sales for 2025 compulsorily unchanged from last year, marking a stable cut from an increase of an 8.6 per year from its January forecast.
The national average domestic price is estimated to fall 1.7 percent on an annual basis of $ 677,368 on an annual basis in 2025, which will be approximately $ 10,000 less than the prediction in April.
Crea senior economist Sean Cathcart said that despite “chaotic start for the year”, the latest figures suggest that the housing market rebound is basically forecast for this year-before that it was finished by the Canada-US Trade War-“could only be delayed by a few months.”
“At the national level, a carbon copy of June May was very close,” Cathcart said in a news release, “We are not yet out of the jungle” US President Donald Trump’s latest 35 percent tariff threats.
The Canadian Real Estate Association said on Tuesday that the number of domestic sales recorded in June increased by 2.8 percent, led by ‘heavy’ by the Greater Toronto region.
The association said that tariff-related uncertainty that withdrew to so many buyers, earlier this year, was three months ago than a big bite from activity in BC, Alberta and Ontario, but “The good news is that the market is that the market survives, less interest, and an economy that survives.
“Most of the housing markets continued to change a corner in June, although the market situation is still quite different, where you are in Canada, it depends on,” said Valerie Paquin, the chairman of the Crade.
“If the spring market was mostly held back from economic uncertainty, stopping any and large shocks, that delayed activity may be very likely in this heat and decline.”
Kreya said that now it estimates the sale of the national house in 2026, which improves 6.3 percent to 499,081. The activity would be placed back on track when he was expected in his April forecast, when he gained 2.9 percent in sales next year.
The national average domestic price is expected to increase from 2025 to $ 697,929 to three percent.
Meanwhile, the national average selling price in June fell by 1.3 percent to $ 691,643 as compared to a year ago.
Last month, 47,871 domestic sales were recorded, which was from 46,237 in June 2024.
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The association said that the recovery in sales activity in the last two months was heavy by the Greater Toronto region.
Since May, the number of newly listed properties across the country was less than 2.9 percent month. By the end of the month a total of 206,435 properties were listed for sale, a year ago 11.4 percent and just one percent below the long -term average for this time of the year.
TD economist Mark Eucolao said in a note, “The performance of June was widely expected, the Canadian transaction continued to recover gradually from his early year depth.”
“We hope that the sale of the house will continue to grow in the second half of the year as the demand for paint-up is going on in the market. It said that the level of sales should remain in the form of economic uncertainty, especially the new tariff hazards with Canada.”
