Housing Market 2024 Canada Predictions. After reaching historically high levels in recent years, housing starts in canada are expected to decline in 2024, before recovering in 2025 and 2026, reflecting the lagged effect. This reflects the ongoing strength of the alberta economy.

Following another quiet spring and increased levels of supply, the canadian real estate association (crea) has scaled back its housing market forecast for 2024 and 2025. Td economist predicts ‘sizeable’ bump in housing market activity this quarter.