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Canadian Homebuyers Cool on US Markets Amid Economic Uncertainty

Guavy AI Editorial Team
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CAD
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According to Redfin's latest report, Canadian homebuyers are less interested in purchasing US homes than they were last year. The number of searches for US homes by Canadians fell 15.3% year over year in June, continuing a downward trend that began two years ago.

This drop marks the biggest decline since June 2025, when searches plummeted 25.7%. Over the past two years, Canadian searches for US homes have decreased by roughly 37%.

Redfin's Head of Economics Research, Chen Zhao, attributed this trend to Canada's recovering economy and lingering uncertainty around trade, jobs, domestic housing markets, and inflation.

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