CREA lowers housing market forecast for 2024 amid 'holding pattern' for home sales

  • 📰 SooToday
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 85%

España Noticias Noticias

España Últimas Noticias,España Titulares

OTTAWA — The Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year again, saying the Bank of Canada's interest rate cuts haven't spurred the gradual improvement it previously anticipated.

OTTAWA — The Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year again, saying the Bank of Canada's interest rate cuts haven't spurred the gradual improvement it previously anticipated.

The new forecast comes as CREA says the average price of a home sold in September amounted to $669,630, up 2.1 per cent from September 2023. The association says it is now forecasting just a 0.9 per cent annual increase for 2024 to $683,200, down from its previous outlook of a 2.5 per cent annual increase.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 8. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

CREA lowers housing market forecast for 2024 amid 'holding pattern' for home salesThe Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year again, saying the Bank of Canada's interest rate cuts haven't spurred the gradual improvement it previously anticipated.
Fuente: CTVNews - 🏆 1. / 99 Leer más »

CREA lowers housing market forecast for 2024 amid 'holding pattern' for home salesOTTAWA — The Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year again, saying the Bank of Canada's...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

CREA lowers housing market forecast for 2024 amid ‘holding pattern’ for home salesThe new forecast comes as CREA says the average price of a home sold in September amounted to $669,630, up 2.1% from September 2023
Fuente: globeandmail - 🏆 5. / 92 Leer más »