"The number of Canadians seeking a home in Miami and Orlando dropped by about 30% in each region year over year in May, with Fort Lauderdale seeing a 21% dip."
"Fewer Canadians are searching for homes in the United States than they were at the start of 2025, before the U.S. instituted steep tariffs on Canada."
Canadian interest in buying homes in Florida is declining, with searches in Miami and Orlando decreasing by approximately 30% and Fort Lauderdale by 21%. This downturn follows the U.S. imposing steep tariffs on imports from Canada and a deterioration in U.S.-Canada relations. The decline in Canadian home seekers began to manifest significantly in February 2025, indicating a direct correlation with the political climate and economic policies affecting cross-border interactions.
Read at Miami Herald
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