The U.S. foreign-buyer market is smaller but more Florida-centred, with new NAR-linked reporting showing Canadians as the top international buyer group for the year to March 2026.

Florida Still Wins The International Share

Foreign buyers purchased fewer U.S. homes overall, but Florida remained the leading destination and Miami stayed central to Canadian and broader international demand. Climate, tax and vacation use still pull capital south.

The National Total Is Weaker

International buyers spent about USD 45.3 billion and purchased around 67,100 homes, down from the previous year. Affordability, inventory and policy uncertainty kept many overseas buyers cautious.

Miami Condos Need Building Level Checks

Separate Miami-Dade condo data showed a median close price near USD 400,000, active listings above 16,000 and more than 18 months of inventory. Insurance, reserves and special assessments can overwhelm the foreign-demand story.

Outlook

The USA’s next signal is whether Canadian demand keeps supporting Florida while condo supply remains high. Buyers should favour financially sound buildings over markets that rely only on international interest.

USA Deal Checks

For USA, the practical check is whether this local signal is visible in signed contracts, bank approvals, registered transfers, lease negotiations, completed works or enforceable public rules. Buyers should compare Canadian buyers, Florida, Miami condos with title documents, service charges, financing terms, physical condition and realistic exit demand before treating the latest news as a price guarantee.

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