Housing Market Predictions 2024 Canada. The average selling price of a home in canada was $724,800 for the month of july 2024, that’s decreased by 0.8% compared to the previous month. Will the housing market crash in 2024?

Buyers are expected to slowly return to the housing market after waiting for mortgage rates and prices to stabilize. Each quarter, crea updates its forecast for home sales activity and average home prices via multiple listing service® (mls®) systems of.