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.
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.
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