Story perspectives

Canada's Housing Market Dips 15% Amid Economic Uncertainty

2/26/2026

Summary

Story summary

On February 25, 2026, The Globe and Mail reported Canada’s housing market weakened, with January sales down 15% year over year, the second-lowest since 2009.
Major cities Vancouver, Calgary, and the Greater Toronto Area posted steep declines.
Wheat markets saw profit-taking amid concerns over Middle East tensions.
Cattle markets rebounded on improved consumer confidence.
Market One announced nominations for its annual awards in Cass and Van Buren counties.

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Story summary

On February 25, 2026, The Globe and Mail reported Canada’s housing market weakened, with January sales down 15% year over year, the second-lowest since 2009.
Major cities Vancouver, Calgary, and the Greater Toronto Area posted steep declines.
Wheat markets saw profit-taking amid concerns over Middle East tensions.
Cattle markets rebounded on improved consumer confidence.
Market One announced nominations for its annual awards in Cass and Van Buren counties.