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Some Canadians are ditching their winter homes in the U.S. as tensions between the two countries simmer.
President Trump's tariffs and taunts may be the last straw for snowbirds who are already finding it more expensive to live south of the border, real estate agents say.
America's northern neighbors make up 11% of foreign homebuyers on average over the past decade, according to National Association of REALTORS® data shared with Axios.
Florida attracts the most Canadian buyers, followed by Arizona and California.
The recent friction with Canada, including Trump's trade drama and talk of annexation, comes as the Canadian dollar weakens against the U.S. dollar.
Meanwhile, homeowners association fees and insurance costs have surged, especially in Florida.
A lack of available inventory, not economic uncertainty, is more likely to hold them back, says Matt Christopherson, a research director at the National Association of REALTORS®. If you've been eyeing a vacation home, now might be the time to snag a deal.