Housing Market 2024 Interest Rates Canada. The canadian real estate association is downgrading its housing market forecast for the remainder of the year again, saying the bank of canada’s interest rate cuts haven’t. Will interest rates go down in 2024?
Interest rates will continue to dictate the outcome of canada’s housing market in 2024 with the first and second halves showing different pictures. The bank of canada has held rates steady over three rounds of decisions as inflation continued to moderate, but the central bank has said it could still raise rates even as.