2024 Home Prices Not Expected to Climb Rapidly

A good and reasonable interview below discussing the outlook for home prices in 2024.

As discussed, we are likely to see a staggered return of more homebuyers into the market with a series of interest rate cuts that are expected in the second half of 2024 and into 2025.

Robert Hogue, Assistant Chief Economist at RBC, talks with Financial Post's Larysa Harapyn about how home prices will not experience a steep climb this year.

Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.