Housing Market 2024 Interest Rates Canada

Housing Market 2024 Interest Rates Canada.  — the national average home price is forecast to climb 2.5% on an annual basis to $694,393 in 2024. Bond markets are pricing roughly 15% odds of a rate cut as early as january.

Lower interest rates might be the only thing that could revive canada’s housing market as supply outpaces. The benchmark home price climbed 0.1% in june.