{
  "id": 1679340,
  "title": "July home sales down 5.3% from last year, but market becoming more balanced: CREA",
  "url": "https://urgent.news/2026/08/18/july-home-sales-down-5-3-from-last-year-but-market-becoming-more",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T09:00:01.000Z",
  "source": {
    "name": "Winnipeg Free Press",
    "slug": "winnipeg-free-press",
    "url": "https://www.winnipegfreepress.com/business/2026/08/18/july-home-sales-down-5-3-from-last-year-but-market-becoming-more-balanced-crea"
  },
  "original_language": "en",
  "account": "The Canadian Real Estate Association (CREA) reports that July home sales decreased by 5.3 percent compared to the previous year, yet the market is becoming more balanced, according to a recent statement.\n\nShaun Cathcart, CREA’s senior economist, notes that beneath the surface of the headline figures, markets nationwide are generally moving toward balance. The national average sale price of a home sold in July increased by 0.2 percent compared to the same period last year, reaching $674,819.\n\nHowever, the number of new listings in July fell by 1.6 percent from the previous month.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Financial Post",
        "title": "Canadian home prices post first month-over-month increase since 2024 in July",
        "url": "https://urgent.news/2026/08/18/canadian-home-prices-post-first-month-over-month-increase-since-2024",
        "published": "2026-08-18T09:00:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}