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Residential real estate group lowers home sales forecast

Some consumers waiting for more interest rate cuts before buying, Canadian Real Estate Association says
The Canadian Real Estate Association has its head office in Ottawa. (CoStar)
The Canadian Real Estate Association has its head office in Ottawa. (CoStar)
CoStar News
October 16, 2024 | 2:29 P.M.

Residential real estate brokers are revising their forecast downward for existing home sales and prices, saying that some potential buyers are waiting for more interest rate cuts before acting.

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