Temp tables are always on disk - so as long as your CTE can be held in memory, it would most likely be faster (like a table variable, too).
But then again, if the data load of your CTE (or temp table variable) gets too big, it'll be stored on disk, too, so there's no big benefit.
In general, I prefer a CTE over a temp table since it's gone after I used it. I don't need to think about dropping it explicitly or anything.
So, no clear answer in the end, but personally, I would prefer CTE over temp tables.