Here is your morning news rundown for Tuesday, Feb. 17:

  • Average Canadian house price hit $401k in January, up 3.1% in past year – CBC
  • Gordon: The future cost of Canada’s oil overdependence – Ottawa Citizen
  • TD forecasts Calgary’s ‘oil driven’ housing market will plunge nearly 50% this year – Calgary Herald
  • Calgary Real Estate Market Posts Biggest 2-Month Drop on Record – Bloomberg