The Miami Association of Realtors says that Canada was fifth in the search rankings in November 2016, down from first in October and second in September.
Canadians remain at the top of the table for paying for South Florida homes in cash (81 per cent).
The rise in Russian searches is likely to have resulted from a perception of President Trump’s ‘friendly’ approach to President Putin although the Miami city of Sunny Isles Beach already has a sizeable Russian population and is known as “Little Moscow.”
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
Canada has slipped down the rankings of searches for property in South Florida with Russians now the region’s most prolific potential buyers.