Home sales up in June, though fewer sales expected this year, says Canadian Real Estate Assoc.

A realtor's for sale sign is seen standing outside a house.

The Canadian Real Estate Association downgraded its forecast for the number of homes that they expect will be sold in 2025. The national average home price is forecast to fall 1.7 per cent on an annual basis to $677,368 in 2025, which would be around $10,000 lower than predicted in April.

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