"Canada remained the largest source of international home searches but saw its share fall to 32.1%, down from 36.6% in the third quarter of 2024, the report explained. The decline followed the U.S. imposition of tariffs on Canadian goods, which may have dampened housing interest amid currency volatility and economic uncertainty. Canadian shoppers continued to dominate traffic in several metro areas, including Cape Coral, Florida (61.4%); Phoenix (61%); and North Port, Florida (58.8%)."
"International buyers continued to view higher-priced properties more frequently than domestic shoppers, although the price gap narrowed. The median home viewed by an international user was 29.8% more expensive than those viewed by U.S. shoppers down from an average gap of 34.2% between 2022 and 2024. The change reflects a steeper decline in the median viewed price for international buyers (-5.2%) compared with domestic shoppers (1.7%), suggesting weaker demand for luxury homes amid global economic pressures and currency fluctuations, Realtor.com explained."
International interest in U.S. housing has eased compared with last year but remains higher than pre-pandemic norms. Canada remains the largest source of international searches, though its share fell to 32.1% from 36.6% in Q3 2024 amid tariff-related trade friction, currency volatility, and economic uncertainty. Other notable source countries include the United Kingdom, Mexico, Germany, and Australia. International users view higher-priced properties more often than domestic shoppers, but the median viewed price gap narrowed to 29.8% as international median viewed prices fell faster. Miami, New York, and Los Angeles are top destinations, and future immigration and visa policies could shape trends.
Read at www.housingwire.com
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