Why More Canadians Are Selling Their U.S. Vacation Homes Right Now
Mpamag.com
If you’ve been thinking about buying or selling property across the border, here’s something you should know: Canadians are starting to pull out of the U.S. real estate market—and fast.
Under the new Trump administration, political tension and policy uncertainty are causing a noticeable shift in buyer behavior. I’ve been keeping a close eye on this, and the latest headlines tell a clear story: many Canadians no longer feel comfortable owning U.S. property, especially in popular vacation spots like Florida and Arizona.
What’s causing the change?
According to the National Association of Realtors (NAR), Canadians spent nearly $6 billion on U.S. real estate between April 2023 and March 2024, more than any other international buyer group. Almost half of those deals were vacation homes. But that momentum is slowing—fast.
🇺🇸 Tighter U.S. entry rules now require foreign visitors (including Canadians) to register and submit fingerprints for stays longer than 30 days.
💬 Inflammatory rhetoric from President Trump, including offhanded comments about Canada becoming a U.S. state and jabs at former PM Trudeau, haven’t gone unnoticed.
📉 A weaker Canadian dollar and rising concerns about trade tariffs are creating financial pressure.
These factors are pushing many Canadians to cash out—even if it’s not the ideal time to sell from a market standpoint. Some realtors in the U.S. report a huge spike in listings from Canadian owners. One Arizona-based agent told Reuters she now has 18 Canadian sellers on her books, compared to just 2–4 listings in a typical quarter.
What does this mean for you?
If you currently own U.S. property, now might be a strategic time to reassess. Between the policy uncertainty, travel restrictions, and financial volatility, you may want to explore options that bring your money back home—or help you reinvest locally.
If you’re thinking about buying, I can help walk you through the pros and cons of cross-border ownership in today’s climate. It’s all about knowing what’s happening before it impacts your bottom line.
📞 Want to talk strategy or explore Canadian investment options instead?
