Canadians that once flocked to the sunny beaches of Florida each winter are putting their properties up for sale as Trump’s tirade against America’s northern neighbor intensifies.Â
The ongoing trade war across the political boarder has sent Canadians packing, leading to major vacancies in once popular beachfront destinations.Â
Canadians currently own $60 billion worth of property in Florida, according to CBC.Â
Approximately one million of them love to flee the chilly winters of Canada in favor of idyllic Sarasota, Cape Coral or Fort Myers. Â
In the last year, however, Canadian shares of Florida properties declined across all popular markets in the Sunshine State, especially Southwest Florida.Â
Canadian Real Estate Company Royale LePage surveyed Canadians who own US property.Â
They found that 54 percent are considering selling, the majority of who credit the current political climate with that decision.
‘The polarizing political climate in the United States is prompting many Canadians to reconsider how and where they spend their time and money,’ said Royal LePage president and CEO Phil Soper in a statement.
Amid President Trump’s constant tariffs on Canadian imports, many Canadian snowbirds have chosen to sell their properties in the US
Many Canadians like to leave the country’s harsh winters in favor of the sunny beaches of Florida
Studies show that Canadians account for $60 billion worth of Florida property
‘Canadians have been the most important foreign investors in America’s residential real estate market for years, and a significant wave of property sales would leave a noticeable mark on the regional economies that snowbirds support.’Â
At the beginning of his second term, the president infamously promised to make Canada the 51st state in the US. A comment which angered and offended many Canadians.Â
‘Canada only works as a state,’ Trump said last March. ‘We don’t need anything they have. As a state, it would be one of the great states anywhere.’
He also initiated the trade war with the country, putting heavy tariffs on imported goods including steel and aluminum.Â
Trump blamed the tariffs on Canada’s lack of response to the fentanyl crisis.
In August, he raised 35 percent on Canadian imports. In October, the president added a 10 percent tariff on timber and lumber.Â
President Trump has been less than complimentary of Canada throughout his second term, even getting in a tiff with Prime Minister Mark Carney (left)
Trump even had a tiff with Canadian Prime Minister Mark Carney over the 2025 World Series.Â
Over the past year, Canadians have boycotted American goods including wine and spirits, tourism and even orange juice in response.Â
It appears American real estate is also on that list.Â
Canadian Snowbird Donna Lockhart is considering putting her Punta Gorda property up for sale after the anti-Canadian rhetoric became took much.Â
‘I think you get a little more anxious the older you get, and I do not like the direction that the United States is going in. If they don’t want us there, we don’t need to be there,’ she told CBC.Â
But Lockhart said so many likeminded Canadians have tanked the market.Â
Realtor.com economist Joel Berner said Southwest Florida has an ‘exceptionally high’ number of homes
With so many people wanting to leave Florida, prices are down and inventory is way up
‘There aren’t that many people looking. Supply is way above demand,’ she said. In her tiny Cape Coral neighborhood, ten percent of homes are on the market.
Realtor.com economist Joel Berner told CBC that due to high supply and low demand, it isn’t a profitable time to sell.Â
Prices Cape Coral and North Port – two of the state’s most popular snowbird destinations – are down 10 percent and 8 percent respectively.
‘Southwest Florida is characterized right now by an exceptionally high level of inventory,’ Joel Berner told the outlet.Â
‘Prices are coming down considerably and time on the market is up and what we’re seeing there is more supply than we’ve seen for years.’Â
According to Realtor.com, the number of Canadian buyers looking for US homes in general declined 4.5 per cent over the last year.Â
Still, the country remains the number one international buyer.Â