Housing Market 2024 Interest Rates Canada. In 2024 and 2025, an estimated 2.2 million mortgages will be facing interest rate shock, representing 45% of all outstanding mortgages in canada. While that’s unlikely, most economists do expect the.

The bank flagged a potential rebound in real estate spending. The bank of canada has held rates steady over three rounds of decisions as inflation continued to moderate, but the central bank has said it could still raise rates even as.