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Posts Tagged ‘Canadian Investment in US Real Estate’

Canadian’s Snapping up Florida Property Bargains: Because they Can

A few months ago, a report by the National Association of Realtors told us that Florida is by far the most popular region with foreign buyers with 22% of sales. The next closest was California with 12%, followed by Arizona with 11% and then Texas with 7%. Also dominant in the market was Canadians. Taking advantage of the price reductions and the strong loonie (currently at parity with the US Dollar), Canadians are currently making 23% of all foreign purchases in the US according to the National Association of Realtors.