Canadian Prime Minister Mark Carney announced a shift in Canada-U.S. relations, indicating an end to previous economic and military integrations. This shift reflects the growing dissatisfaction among Canadians, particularly property owners, towards the U.S., fueled by political rhetoric and trade tensions. As a result, many Canadians are selling their U.S. properties, which significantly affects the U.S. real estate market. With Canadian buyers representing a substantial share of foreign real estate investments, this trend is prompted by rising costs and the political climate, particularly during the Trump administration.
But U.S.-based brokers who specialize in selling to Canadians, especially in Sun Belt markets popular with snowbirds and second home owners, have seen a significant increase in Canadians selling their property.
Anger over Trump's actions, anxiety over immigrants and travelers being detained, and fear of future restrictions and economic regulations have been driving transactions.
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