Datha Eolanda

Home Interest Rates Prediction 2024 Canada. Dawn desjardins, chief economist at deloitte canada, talks with financial post’s larysa harapyn about canada’s economic forecast for the second half of the. High interest rates slow the economy by making it more expensive to borrow to buy a house or expand a business, which weighs on both demand and price.

Along with an anticipated period of declining interest rates, a spate of new mortgage rules should. The bank of canada’s policy rate could act as a barometer for the housing market in 2024, with rate cuts potentially bringing home buyers and sellers off the sidelines.