{"id":818118,"date":"2026-08-18T22:40:15","date_gmt":"2026-08-18T22:40:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/818118\/"},"modified":"2026-08-18T22:40:15","modified_gmt":"2026-08-18T22:40:15","slug":"july-home-sales-down-5-3-from-last-year-but-market-becoming-more-balanced-crea","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/818118\/","title":{"rendered":"July home sales down 5.3% from last year, but market becoming more balanced: CREA"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.cbc.ca\/a\/assets\/texttospeech.svg\" alt=\"Text to Speech Icon\" width=\"44\" height=\"44\"\/><\/p>\n<p>Listen to this article<\/p>\n<p>Estimated 1 minute<\/p>\n<p>The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.<\/p>\n<p>Home sales in July were down compared with a year ago, but edged slightly higher month over month, according to the Canadian Real Estate Association (CREA).<\/p>\n<p>Home sales last month totalled 43,578, down 5.3 per cent from the previous year, the group said. On a seasonally adjusted basis, activity was up 0.5 per cent compared to June 2026.<\/p>\n<p>Below the surface of the headline national numbers, markets across the country are generally moving back toward a balance, said CREA senior economist Shaun Cathcart.<\/p>\n<p>The national average sale price of a home sold in July was $674,819, up 0.2 per cent on a year-over-year basis.<\/p>\n<p>The CREA said new listings in July were down 1.6 per cent month over month. <\/p>\n","protected":false},"excerpt":{"rendered":"Listen to this article Estimated 1 minute The audio version of this article is generated by AI-based technology.&hellip;\n","protected":false},"author":2,"featured_media":818119,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":["post-818118","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/818118","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=818118"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/818118\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/818119"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=818118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=818118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=818118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}