Canadian snowbirds have long owned property throughout the Sunshine State. But two prominent real estate analysis firms say more Canadians are looking to sell their properties in the U.S. due to growing tensions between the countries.
Royal LePage and REALTOR.com have released new analyses showing the trend. Royal LePage recently concluded a study that showed 54% of Canadians who currently own residential property in America say they’re planning to sell those homes within the next year. Out of those, 62% say President Donald Trump’s administration is the main reason they are looking to sell.
Data indicates that Canadians looking for U.S. property declined 4.5% from the third quarter of 2024 when compared to the same time frame in 2025.
Source: Miami Times
Mortgage Rates
Stable
Mortgage Rates Stable, Purchase Demand Rising
In the first full week of the new year, mortgage rates remained within a narrow range, hovering close to the 6% mark. The combination of solid economic growth and lower rates has led to improving momentum in for-sale residential demand, with purchase applications up over 20% from a year ago.
The 30-year fixed-rate mortgage averaged 6.16% as of January 8, 2026, up slightly from last week when it averaged 6.15%. A year ago at this time, the 30-year FRM averaged 6.93%.
The 15-year fixed-rate mortgage averaged 5.46%, up from last week when it averaged 5.44%. A year ago at this time, the 15-year FRM averaged 6.14%.
