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Country's Largest Residential Real Estate Association Downgrades Forecast

Ottawa Group Says Lowered Forecast Due to Persistently High Interest Rates
The Canadian Real Estate Association's head office in Ottawa. (CoStar)
The Canadian Real Estate Association's head office in Ottawa. (CoStar)
CoStar News
July 12, 2024 | 6:59 P.M.

An association representing 160,000 realtors across the country is scaling back its predictions for the housing market, saying interest rates have not come down fast enough.

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