Canadian snowbirds selling Florida homes report falling prices

Many Canadian owners of Florida properties are considering or listing seasonal homes, and surveys and industry data link that shift to heightened political tensions and recent tariff actions; real estate sources report higher inventory and falling prices in parts of Southwest Florida.

Canadian owners of Florida seasonal homes are increasingly listing or considering sales, the article reports. Surveys and real estate data say many owners cite heightened political tensions and U.S. tariff actions as factors. The movement is concentrated in popular snowbird destinations in Southwest Florida. Local real estate sources describe rising supply and lower prices in those markets. Key facts: - Canadians own about $60 billion of property in Florida, according to CBC reporting. - A Royal LePage survey found 54% of Canadians who own U.S. property are considering selling, with many respondents citing the political climate. - Realtor.com data showed Canadian buyer inquiries fell about 4.5% over the last year while Canada remained the top international buyer. - In parts of Southwest Florida, listing supply has risen and prices have declined; the article cites Cape Coral and North Port as down roughly 10% and 8% respectively. - Industry sources quoted that time on market has increased as demand lags available homes in the region. Summary: Rising listings and lower prices in some Florida markets are being linked to a shift among Canadian seasonal owners and broader U.S.-Canada tensions. How long this trend will continue and whether sales volumes will change further is undetermined at this time.