CREA projects 2025 home sales ↓ 3% to around 469,503 due to econ uncertainty and trade risks.

Avg home price forecast ↓ 1.7% to $677,368, led by ON and BC declines.

New listings ↓ while inventory remains ↑ YoY, creating mixed market conditions.

The revision reflects ongoing economic uncertainty and trade-related risks, which continue to dampen buyer confidence.

2026 outlook: sales ↑ 6.3%, avg price ↑ 3% to $697,929.