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.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
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...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »
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.
Fonte: CTVNews - 🏆 1. / 99 Leggi di più »
BC Real Estate And Development Industry Hires: September 2024STOREYS is the leading real estate news site in the country, providing the most accurate and up-to-date coverage of the Canadian market.
Fonte: storeyspub - 🏆 16. / 74 Leggi di più »