Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Real Estate

Canadians Sell U.S. Vacation Homes Amid Political Uncertainty and Economic Pressures

by Team Lumida
April 14, 2025
in Real Estate
Reading Time: 4 mins read
A A
0
white house under maple trees

Photo by Scott Webb on Unsplash

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways:

Powered by lumidawealth.com

  • Canadians are selling U.S. vacation homes in record numbers, driven by political uncertainty, a weak Canadian dollar, and rising costs of ownership.
  • President Trump’s tariffs on Canadian goods, annexation rhetoric, and new rules requiring foreign nationals to register for stays over 30 days have fueled fears among Canadian property owners.
  • Real estate agents report a surge in Canadian listings in popular snowbird destinations like Florida and Arizona, with some areas seeing a 600% increase in Canadian-owned properties for sale.
  • The trend marks a significant shift, as Canadians have historically been the largest group of foreign buyers of U.S. residential real estate.

What Happened?

Canadians are rapidly selling their U.S. vacation homes, citing a combination of economic and political factors. The weakening Canadian dollar, which recently hit a 22-year low, has made it more expensive for Canadians to pay property taxes, HOA fees, and insurance in the U.S. At the same time, selling in U.S. dollars has become more lucrative due to rising property values in popular snowbird destinations like Florida and Arizona.

However, political uncertainty has been the tipping point for many. President Trump’s 25% tariffs on Canadian goods, coupled with his comments about annexing Canada, have left many Canadians feeling unwelcome. New rules requiring foreign nationals to register for extended stays have added to the unease.

Real estate agents in Florida and Arizona report a sharp increase in Canadian-owned properties hitting the market. In the greater Phoenix area, Canadian listings rose from 100 to 700 in the first quarter of 2025, while Canadian buyers have declined by 40%.


Why It Matters?

The selloff marks a significant shift in the U.S. real estate market, as Canadians have long been the largest group of foreign buyers. From 2010 to 2013, they accounted for 23% of foreign purchases, and even in 2024, they remained the largest segment at 13%.

The trend also highlights the broader impact of geopolitical tensions on cross-border investments. Many Canadians fear potential U.S. government actions, such as increased taxes on foreign-owned properties or even nationalization of Canadian-owned homes.

The exodus of Canadian property owners could have ripple effects on local real estate markets in snowbird hotspots, potentially reducing demand and cooling property prices.


What’s Next?

As Canadians continue to sell their U.S. properties, the focus will shift to how this impacts local real estate markets and cross-border relations. The Trump administration’s policies and rhetoric will likely remain a key factor in shaping Canadian sentiment toward U.S. property ownership.

Meanwhile, Canada’s own restrictions on foreign homebuyers, including a ban on non-Canadians purchasing residential real estate in heavily populated areas, may further discourage cross-border investments.

Real estate agents and policymakers will need to monitor these trends closely, as they could signal broader shifts in international property ownership and investment patterns.

Source
Previous Post

China’s Exports Surge 12.4% in March as Companies Rush to Beat U.S. Tariffs

Next Post

Is There a New U.S. Risk Premium? Rising Bond Yields and Falling Dollar Signal Global Concerns

Recommended For You

The Landmark U.S. Office Buildings That Are on Life Support

by Team Lumida
1 day ago
aerial view of city during daytime

Key Takeaways Powered by lumidawealth.com Many iconic U.S. office towers, like Providence’s Superman Building, face prolonged vacancy and costly upkeep amid sluggish demand for office space, especially in older,...

Read more

NYCHA High‑Rise Partially Collapses in Bronx After Suspected Gas Explosion

by Team Lumida
6 days ago
panoramic photography of Brooklyn Bridge

Key Takeaways Powered by lumidawealth.com A 20‑story NYCHA building in the Bronx partially collapsed after a suspected gas explosion; no injuries were reported and residents were evacuated. Authorities shut...

Read more

KB Home Lowers Outlook as Housing Demand Remains Soft

by Team Lumida
2 weeks ago
white and brown house near green grass field under white clouds and blue sky during daytime

Key Takeaways Powered by lumidawealth.com KB Home cut full‑year sales guidance to $6.1–$6.2bn (from $6.3–$6.5bn) after weaker demand; Q3 revenue fell to $1.62bn and deliveries dropped 7% to 3,393...

Read more

NYC Real-Estate Firm Nears Deal to Buy Troubled Office Landlord Paramount

by Team Lumida
3 weeks ago
white and blue glass walled high rise building

Key Takeaways Powered by lumidawealth.com Rithm Capital is leading the bid to acquire Paramount Group, beating out Blackstone, SL Green, and Vornado in a competitive process The deal could...

Read more

US Mortgage Rates at 11-Month Low Rekindle Home Finance Activity

by Team Lumida
4 weeks ago
gray and white concrete house

Key Takeaways Powered by lumidawealth.com The 30-year mortgage rate dropped 15 basis points to 6.49% in the week ending Sept. 5, reaching an 11-month low. Rates on 15-year mortgages...

Read more

Morgan Stanley Raises $885 Million for Japan Real Estate Fund

by Team Lumida
1 month ago
Morgan Stanley Q2 2024 Earnings Summary

Key Takeaways Powered by lumidawealth.com Morgan Stanley raised ¥131 billion (~$885 million) for a Japan-focused real estate fund, surpassing its initial target of ¥75 billion. The fund will invest...

Read more

Chinese Property Stocks Rally on Expectations of Increased Government Stimulus

by Team Lumida
1 month ago
China ETFs Outshine Active Funds with 40% Annual Rise

Key Takeaways Powered by lumidawealth.com Chinese property developers’ shares surged, with China Vanke hitting a six-month high and Sunac China and Longfor Group also posting strong gains. A property...

Read more

James Hardie Shares Plunge Amid Disappointing Earnings and Weak U.S. Housing Market Outlook

by Team Lumida
2 months ago
aerial view of city during daytime

Key Takeaways Powered by lumidawealth.com James Hardie Industries’ shares fell sharply for a second day following disappointing quarterly earnings and a gloomy outlook on U.S. housing demand. Analysts from...

Read more

JPMorgan’s $3 Billion NYC Tower Signals Office Market Recovery as City Leads National Comeback

by Team Lumida
2 months ago
Tax-Loss Harvesting Surge: JPMorgan’s $15 Billion Windfall

Key Takeaways Powered by lumidawealth.com JPMorgan prepares to move thousands of employees into its new 2.5-million-square-foot, 60-story headquarters at 270 Park Ave. this month after six years of development....

Read more

US Mortgage Rates Drop to Lowest Level Since October at 6.58%

by Team Lumida
2 months ago
gray and white concrete house

Key Takeaways Powered by lumidawealth.com 30-year fixed mortgage rates fell to 6.58% from 6.63% the previous week, marking the fourth consecutive weekly decline. Rates hit their lowest point since...

Read more
Next Post
a computer screen with a bunch of data on it

Is There a New U.S. Risk Premium? Rising Bond Yields and Falling Dollar Signal Global Concerns

silver and diamond ring on white table

Cadillac’s Iconic Escalade Goes Electric With the Launch of the $127,700 Escalade IQ

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

the apple logo is reflected in the glass of a building

Apple Dominates: $250 Billion Index Trades Reshape Wall Street

September 20, 2024
a white square with a blue logo on it

Meta’s Content Moderation Overhaul Sparks Oversight Board Divide

February 21, 2025
Why Apple’s AI Approach May Save Its Reputation

Apple Commits $500 Billion to US Investments Amid Tariff Concerns

February 24, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018