Housing Market Predictions 2024 Canada. In july 2024, the national benchmark home price, which measures the price of a “typical” home, was. Following another quiet spring and increased levels of supply, the canadian real estate association (crea) has scaled back its housing market forecast for 2024.

Experts warn that canada is potentially facing one of the largest housing bubbles of all time, with predictions of a 24% decline in canadian home prices. Following another quiet spring and increased levels of supply, the canadian real estate association (crea) has scaled back its housing market forecast for 2024.