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Canadian Bank Analysts Predict Lower Interest Rates in 2024

One Forecast Sees Rates Dropping to 2.25% by Year's End
Current high interest rates could stifle housing demand in Calgary, one of Canada's fastest-growing cities. (Jake Cupit/CoStar)
Current high interest rates could stifle housing demand in Calgary, one of Canada's fastest-growing cities. (Jake Cupit/CoStar)
CoStar News
December 28, 2023 | 8:34 P.M.

Analysts at some of Canada’s largest financial institutions foresee lower interest rates in 2024 but differ in their predictions of the depth of the cuts.

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