Canadians continue to decrease travel to the United States. This has been best represented in recent days. Toronto Pearson Airport is usually booming with U.S. departures and arrivals during this time of year for Thanksgiving. However, its current reality is that the U.S. side looks depressingly unrecognizable, with a smaller scale of travelers.
Still, there are Canadian snowbirds taking trips to the United States. According to a recent survey from Snowbird Advisor, Canadians are visiting for friends, family and real estate.
Real estate in particular has been a hot topic this year. Canadians are selling homes in the U.S. at alarming rates. Additionally, it seems like the inventory selection in Florida is also drying up. This may only push Canadians away from Florida even further into 2026.
However, there is one city in Florida that continues to enjoy a healthy boom of Canadian snowbirds dominating the foreign market.
Here’s a closer look at which city continues to entice Canadian snowbirds, and what the U.S. market looks like for Canadian buyers and sellers.
Despite Selling Their U.S. Homes, Canadian Snowbirds Are Still Loyal To “The Venice Of America”
A beautiful view from the beach in Cape Coral, FloridaCredit: via Shutterstock
It has been well documented, Canadians are selling, or planning to sell, their U.S. properties at a higher volume.
However, Canada is still at the very top of the list among foreign property buyers in the U.S., making up for nearly a third of international traffic, according to Realtor. No other country comes close to this mark. The next top foreign buyer is from the U.K. at just 6.5%.
Despite the mass exit, there are certain areas Canadian snowbirds are still loyal to.
Among the areas is what is regarded as “The Venice of America.” Canadians continue to dominate this particular market in Cape Coral, Florida, despite the recent exits. According to Realtor, Canadians still make up 61.4% of the location’s foreign traffic.
Karen Borrelli, president of the Royal Palm Coast Realtor Association, tells Realtor that Canadians remain attached to the Cape Coral lifestyle, despite the recent changes in travel behavior to the United States.
“The consensus is that we are still seeing the Canadians who love the Cape Coral lifestyle. What the draw is the fact that you could have your boat right in your backyard, load up, go out. You could go down to Key West or up to Tampa, so it’s a boating destination.”
Cape Coral truly has it all for every type of traveler. For nature, wildlife, and outdoor activities, the Four Mile Cove Ecological Preserve and Rotary Park Environmental Center are among the top attractions. The area is also filled with family-friendly activities, from the Sun Splash Family Waterpark to Gator Mike’s Family Fun Park.
Other visitors can enjoy Cape Harbour Marina, a waterfront district featuring dining, live music, and shopping. Travelers can also use the area as a scenic location to relax and stroll.
The interest among Canadians shouldn’t come as a surprise. However, for the most part, Canadians are selling their homes at an alarming pace.
Despite The Cape Coral Loyalty, Canadians Are Selling Their U.S. Homes
A report from real estate company Royal LePage indicates that more than half of Canadians in the U.S. are looking to sell their homes. In the next year, 54% are looking to sell their homes due to the ongoing political tension between Canada and the United States.
Not only is political tension a big reason for the sales, but the high price of the American dollar is also a contributing factor.
“[Number] one is increased costs of holding Florida real estate. Number two, I feel like the trade tensions and also tremendous volatility that we’re seeing with exchange rates between the U.S. and Canadian dollar have also impacted that decision.”
“And then, very importantly, on a personal note, they feel like there is this perception that they don’t feel as welcome in the United States,” Adzem tells Realtor about the recent Canadian client trends.
The same holds true for current shopping interests. The number of Canadians searching for U.S. homes has dipped 4.5%, going from 36.6% in Q3 of 2024 to 32.1% in Q3 of 2025.
Experts suggest this trend may only intensify amid the rising U.S. dollar and limited inventory in Florida real estate.
The Limited Inventory Of Florida Homes May Push Canadians Away From The U.S. Even Further In The Future
A senior couple walking along a street in St. George Island, Florida, USACredit: Andriy Blokhin / Shutterstock.com
Another problem is emerging for the first time in two years. Florida is now seeing a fall in inventory. According to Money.ca, listings have declined year-over-year every month this year since May. In July, decreases fell to 4.8%, and have increased between August and September.
New Listing Decline Year-To-Year In Florida:
May: 2%
June: 2%
July: 4.8%
August: 6.5%
September: 7.2%
The cooling market could prompt Canadians to look elsewhere for real estate. Given its proximity, Mexico remains a viable alternative to the United States. In fact, Canadians have increased visits to Mexico by 11% this year. Canadians are also visiting Europe more frequently.
These may prove to be strong alternatives as the real estate market dries up in Florida.