Real Estate Predictions 2024 Ontario. Three distinct phases hit ontario’s housing market in 2023, all influenced by changes in the interest rates. Ontario is poised to lead the pack in cottage price appreciation across canada in 2024, according to a forecast by real estate franchiser royal lepage.
Real estate firm royal lepage is forecasting a six per cent rise in the average home price in the greater toronto area by the end of 2024, and a 4.5 per cent rise in. While the market is anticipated to cool in the first half of 2024, canadians’ perceptions of real estate as a good investment haven’t shifted since 2022.