“Those are big numbers, particularly ... own property,” Phil Soper, president and CEO of Royal LePage, told BNNBloomberg.ca in a Wednesday interview. Nearly two-thirds (62 per cent) of respondents surveyed, who are considering a sale, point to concerns with Trump and the White House. Meanwhile, 33 per cent are motivated by personal and financial reasons and five per cent are worried about extreme weather conditions such as hurricanes, floods and forest fires. “My belief is, ...
“Those are big numbers, particularly when you consider that we have about 1 million snowbird Canadians travel the United States each year, particularly during the six months of fall through spring, so the wintertime, and about over 60 per cent of those own property,” Phil Soper, president and CEO of Royal LePage, told BNNBloomberg.ca in a Wednesday interview. Nearly two-thirds (62 per cent) of respondents surveyed, who are considering a sale, point to concerns with Trump and the White House. Meanwhile, 33 per cent are motivated by personal and financial reasons and five per cent are worried about extreme weather conditions such as hurricanes, floods and forest fires. “My belief is, most Canadians believe this current era in American politics is extreme, and the pendulum will swing back towards something more normal or moderate,” said Soper.Trade tensions between Canada and the United States have many Canadians that own U.S. property weighing a sale of their home south of the border due to the economic policies of U.S. President Donald Trump‘s administration.Royal LePage broker Shawn Zigelstein discusses a new report which found 54 per cent of Canadians with U.S. property are planning to sell.Real estate professionals in the U.S. have reported more than twice as many residential property sales by international clients over the last year, the largest group being Canadian.
