Canadian Real Estate Association downgrades housing market forecast due to 'oil shock' | Page 13 | Unpublished
Hello!
Source Feed: CBC News - Ottawa
Publication Date: April 16, 2026 - 05:00

Stay informed

Canadian Real Estate Association downgrades housing market forecast due to 'oil shock'

April 16, 2026

Canadian Real Estate Association has downgraded its housing market forecast following a jump in fixed mortgage rates and weaker than expected housing sales in the first three months of 2026. CREA had been forecasting higher sales, based on the idea that pent-up demand would emerge, especially from first-time buyers.



Unpublished Newswire

 
Search-and-rescue officials say a Sea-Doo rider has been injured after slamming into a grey whale in a high-speed collision off Vancouver's Stanley Park, while the animal's fate is unclear. Jackie Hildering, with the Marine Education and Research Society, says the 'extreme incident' should serve as a reminder that boaters need to take responsibility for their actions.
May 5, 2026 - 19:54 | Nono Shen | The Globe and Mail
Conditions across the province are ripe for fires, following a busy weekend of firefighting some Rural Municipalities are starting to introduce fire bans.
May 5, 2026 - 19:47 | Noah Rishaug | Global News - Canada
May 5, 2026 - 19:42 | Alanna Smith | The Globe and Mail