Housing Market 2024 Ontario Market. Years of meteoric growth yielded a measured correction, with average home prices experiencing a 3% decline. Ontario's housing market declined in july 2024, with an average home price of $837,685, a 5.3% decrease from the previous month and a 2.2% drop from the previous year.

Ontario’s housing market declined in july 2024, with an average home price of $837,685, a 5.3% decrease from the previous month and a 2.2% drop from the previous year. What will happen in canada’s real estate market in 2024?