Housing Market Fall 2024 Canada. Will the housing market crash in 2024? Increasing the $1 million price cap for insured mortgages to $1.5 million, effective december 15, 2024, to reflect current housing market realities and help more.
Economists expect the chilly conditions to continue into 2024, but with interest rate cuts finally on the horizon, a turning point may not be that far off. Will the canada housing market crash in 2024?