February home sales fell but CREA still hopeful for strong spring market

Aerial bird eye view skyline at Winter season in Canada. Hundreds of low rise houses from top view in the background covered in high level of snow.

The Canadian Real Estate Association says home sales continued moving at a slow pace in February but activity started to pick up near the end of the month.

A total of 30,244 homes changed hands throughout the country last month, which was 8.1 per cent lower than February 2025. Sales also fell 1.3 per cent month-over-month on a seasonally adjusted basis.