Mortgage Rates In 2024 In Canada. Canada’s annual inflation rate fell to 2.5 per cent in july, largely driven by lower prices for travel tours, passenger vehicles and electricity. Adjusted for inflation to 2020 dollars, that would have been equivalent to $2,290 per month.

Real estate data is sourced from the canadian real estate association (crea) and regional boards’ websites and documents. Inflation in canada decelerated to the slowest pace in more than three years, keeping the central bank on track to cut rates for a third straight meeting next month.