The Big Story Big Headlines: Canadian home sales tumbled in January and the latest from the Olympics
Feb 18, 2026
Mike Eppel, Senior Business Editor who analyzes Canada’s real estate and economic trends, breaks down why January home sales fell and how brutal winter weather and weak consumer confidence played a role. He also discusses affordability shifts that could attract spring buyers. Plus a quick roundup of Olympic snowboarding and hockey developments.
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Weather Worsened The Real Estate Slump
- Harsh winter weather amplified an existing real estate slowdown in January.
- The national average sale price fell to just under $653,000, down 2.6% from a year earlier.
Confidence Keeps Buyers On The Sidelines
- Weak consumer confidence is keeping buyers sidelined despite improving affordability.
- Analysts expect more first-time buyers to enter if mortgage rates continue to creep lower.
Mixed Results For Team Canada
- Mark McMorris fell on his final run and missed the podium in men's snowboard slope style.
- Brad Jacobs' rink clinched a semi-final berth while Rachel Homan tied for fourth in women's curling.