Canada Housing Market Outlook 2024. After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the canadian housing market could be in for a. Ontario’s housing market in august 2024 saw its average home price decline to its lowest level since january 2023 as active home listings reached their highest level.
After persistent interest rate hikes over the last year, coupled with limited supply, buying a home in. Following another quiet spring and increased levels of supply, the canadian real estate association (crea) has scaled back its housing market forecast for 2024 and 2025.
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