Canadian Home Sales Begin 2026 on Ice as Snow Buries Central Canada

Canadian Home Sales Begin 2026 on Ice as Snow Buries Central Canada

OTTAWA, Ontario, Feb. 18, 2026 (GLOBE NEWSWIRE) -- The number of home sales recorded over Canadian MLS® Systems fell 5.8% on a month-over-month basis in January 2026.

CREA: Winter Storms Suppress January Home Sales

Canadian home sales started 2026 on a colder note, with activity dampened by severe winter weather across parts of the country.According to new data released Tuesday by the Canadian Real Estate Association (CREA), home sales recorded over Canadian MLS® Systems fell 5.8% month-over-month in January. Actual (not seasonally adjusted) sales were also 16.2% lower than in January 2025.CREA says the slowdown was largely regional. “The monthly decline i…