Canucks dominate interest in U.S. market, finds report

Canada-based real estate technology and marketing company Point2 released its third quarter results, showing Canadian traffic generated the highest number of online visits to all top ten states identified in the report.

And in some cases, such as Arizona, Canadian traffic made up more than 90% of the overall international traffic to the state’s listings. For Phoenix specifically, Canadians made up 98% of all international traffic.

Fort the report, the company tracked visits from non-U.S. consumers to listing pages on its property portal, Point2Homes, in the third quarter.

Florida topped the list for all international traffic, with 33% of all international traffic recorded by Point2’s consumer portal just for that state. It was followed by 15% in Arizona and 8% for Nevada.

Most of the top locations on the list have been the hardest hit by foreclosures. Las Vegas had the most real estate related traffic for any city, at nearly 15% of the total, although eight cities in the top 20 were in Florida, said Point2 in a press release.

For Las Vegas, 70% of all international traffic was from Canada.

Not all locations were dominated by Canadians, however. Some exceptions, such as Kissimmee, Florida, where 58% of the traffic was from the UK, compared to 26% from Canada.

In San Antonio, 28% of the international traffic was from Mexico, compared to 23% from Canada.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

COMMENTS

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Industry news

Submit a press release

Poll

Should government update pot rules to prohibit growing in rentals?