Home Sales Plunge on Snow: CREA
Canada’s real estate sales plunged 16% in January due to there being snow – this according to the Canadian Real Estate Association. #crea #canadianrealestate #housingmarket Links: Canadian Home Sales Begin 2026 on Ice as Snow Buries Central Canada: https://www.youtube.com/watch?v=EgtwnyyuX9M&list=PLOKoTy8yPzZaRjG8ArUm5F6Ny2FEl5rxb Canadian Home Sales Holding Steady Heading into 2026: https://www.youtube.com/watch?v=Otg2rM2iSVg New Listings Jump to Start 2025 as Uncertainty Weighs on Sales: https://www.youtube.com/watch?v=-2kPO2wz-tk Will the housing market start to bounce back in 2026?: https://www.youtube.com/watch?v=sHWNXQBKnFA CREA reports January home sales fell as southern Ontario was hit by huge winter storm: https://www.thestar.com/business/crea-reports-january-home-sales-fell-as-southern-ontario-was-hit-by-huge-winter-storm/article_9aaab66e-18df-5956-b5e5-919d8a628f84.html Thundersnow strikes parts of Ontario as winter storm blows through province: https://globalnews.ca/news/10981341/thundersnow-strikes-parts-of-ontario-as-winter-storm-blows-through-province/ National real estate association blames Ontario snowstorm for cooling housing sales in January: https://www.cbc.ca/news/business/crea-housing-stats-january-2026-9.7094311 Canadian Home Sales Begin 2026 on Ice as Snow Buries Central Canada: https://creastats.crea.ca/en-CA/ CREA reports January home sales fell as southern Ontario was hit by huge winter storm: https://halifax.citynews.ca/2026/02/18/crea-reports-january-home-sales-fell-as-southern-ontario-was-hit-by-huge-winter-storm/ Canada's home sales plunge in January, led by Ontario: https://financialpost.com/real-estate/canada-home-sales-plunge-january-led-by-ontario Three storms in three days—Ontario on alert for more impactful winter weather: https://www.theweathernetwork.com/en/news/weather/forecasts/no-lack-of-winter-weather-in-ontario-with-more-rounds-of-snow-to-end-january Shovels on Standby: A snowy weekend is unfolding in southern Ontario: https://www.theweathernetwork.com/en/news/weather/forecasts/snowy-start-and-end-to-the-weekend-in-souther-ontario-pleasant-winter 'Escape hatches are gone': Power of sale listings surge in Toronto: https://financialpost.com/real-estate/toronto-power-of-sale-listings-surge Trump threatens Canada with 100% tariffs if it 'makes a deal with China': https://www.bbc.com/news/articles/cy4qww3w72lo Trump claims CUSMA is 'irrelevant,' but says Canada 'wants it': https://www.cbc.ca/news/world/trump-says-cusma-irrelevant-canada-us-9.7044008 Trump threatens to tariff and 'decertify' Canadian aircraft in latest trade war move: https://www.cbc.ca/news/politics/trump-tariffs-decertify-canadian-planes-9.7067498 Trump officials met group pushing Alberta independence from Canada: https://www.ft.com/content/11dc2140-6a5d-4536-b766-52c920affcc7 Trump threatens Canada with 50% tariff on aircraft sold to U.S.: https://globalnews.ca/news/11644156/donald-trump-tariffs-canada-aircraft/ GM Canada layoffs hit Oshawa plant, putting up to 1,200 autoworkers out of work Friday: https://www.cbc.ca/news/canada/toronto/gm-oshawa-to-lay-off-1-200-workers-friday-9.7065457 London auto parts plant that employs 130-plus workers set to close; some jobs may be transferred to Tillsonburg: https://www.norfolkandtillsonburgnews.com/news/local-news/london-auto-parts-plant-that-employs-130-plus-workers-set-to-close-some-jobs-may-be-transferred-to-tillsonburg ‘We are going to get lower rates,’ Real estate expert on tariffs and the market: https://www.ctvnews.ca/barrie/video/2025/03/06/we-are-going-to-get-lower-rates-real-estate-expert-on-tariffs-and-the-market/ Snowfall - Monthly data for Toronto: https://toronto.weatherstats.ca/charts/snow-monthly.html Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice.
