Will House Prices Go Down In 2024 Canada. To stay prepared, here are the top 5 canadian cities that have seen the most. For september 2024, benchmark home prices fell on a monthly basis in all provinces except for quebec, new brunswick, and newfoundland, which instead saw benchmark prices rise.

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. Some 468,900 residential properties are forecast to trade hands via canadian mls® systems in 2024, a 5.2% increase from 2023.