Rate Cut Helps June Resale Market: Housing Market Update—July 2024

Rate Cut Helps June Resale Market: Housing Market Update—July 2024

Canadian Economic Analysis Industry Economic Analysis Urban City Economic Analysis
8 min read

Author: Robin Wiebe

$495.00

The monthly Housing Market Update provides an overview of the new and existing housing markets for 25 areas across the country.

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This month, we identify a slightly tightening resale market but a modest decrease in housing starts.

Has the recent interest rate cut spurred homebuying? What is happening to resale prices? How are new unit inventories behaving? We share our analysis of housing starts, prices, and which cities have sellers’, buyers’, or balanced markets.

Read the online experience to get our full assessment.

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