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3w ago

Canadian Searches for U.S. Homes Remain About 20% Lower, Redfin Finds

Redfin links the slump to tariff shocks, with sour views of U.S. leadership weighing on buyers.

White-out conditions of clouds and fog at the top of Whitefish Mountain Ski Resort, a popular mountain biking area during the summer, are viewed on June 22, 2018, in Whitefish, Montana.
Some Canadians have been so resistant to U.S. ties they’re completely bypassing any connection to the country.
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Overview

  • Redfin data show a 19.5% year-over-year drop in August based on unique Canadian users searching U.S. listings, extending a months-long pullback.
  • The downturn began in February after a 25% tariff announcement on Canadian imports and reached a 34.2% decline in April when broader global tariffs were unveiled.
  • Interest fell most in West Palm Beach (-26.6%), Anaheim (-26%), Los Angeles (-25.5%), Tampa (-23.1%) and Orlando (-23%), highlighting pressure in popular snowbird markets.
  • Florida’s housing slowdown reflects reduced Canadian demand plus higher insurance, HOA fees, property taxes and elevated mortgage rates, with July sales down 7.3% year over year and inventory up 9.3%.
  • Polling shows deep Canadian disapproval of U.S. leadership—Pew reports only 22% express confidence in the president—while anecdotes and a public plea from Las Vegas’s mayor underscore weakened travel and investment.