Housing Market Predictions 2024 Canada. Real estate firm royal lepage is forecasting a six per cent rise in the average home price in the greater toronto area in 2024, while real estate firm remax is forecasting an. Each quarter, crea updates its forecast for home sales activity and average home prices via multiple listing service® (mls®).

Read about the path of interest rates over the coming years and use wowa’s mortgage rate. Expect prime rate at 6.2% by the end of 2024 and 5.45% by the end of 2025.