Posted on March 5, 2018 - 05:08 PM
by Carolyn Donnelly
Due to the cold winters in north America, Canadians are purchasing more real estate in south Florida. Despite the poor exchange rate and recent hurricanes in Florida, Canadians are not concerned and have increased their vacation home purchases of real estate in Florida.
Purchases of real estate in south Florida by Canadians were close to 10 percent of total purchases by foreign buyers in 2017 and double what they spent in 2016 in the United States as a whole.
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Carolyn Donnelly, P.A. Coldwell Banker Res RE
Sarasota & Longboat Key, FL Phone: 941-350-9900