Canada Housing Market Outlook 2024. The average ontario home price for the month of june 2024 was $884,761, down 0.7% from last month’s price of $890,634 in may 2024. The overall outlook for the canadian housing market is poised for a gradual recovery in 2024.
As a result, we’ve revised our forecast from a decline of 1.7% to a gain of 4.6% for 2024 as a whole. Re/max examines the canadian housing market, national and local buying and selling trends, and prices in the country’s major housing markets.