Calgary.com examined data from the National Association of Realtors’ 2022 International Transactions in U.S. Residential Real Estate report to see where Canadians are buying the most homes in the United States.
These buyers are in three groups: non-U.S. citizens who have permanent residences outside the U.S.; non-U.S. citizens who immigrated less than two years before the time of the purchase; and nonimmigrant visa holders who live in the U.S. for more than six months of the year for professional, educational, or other reasons.
Canada, Mexico, and China are the countries of origin of the largest groups of foreign homebuyers in the U.S. Canadians made up the largest share of those purchasers, 11% of all foreign buyers, spending about $5.5 billion on U.S. properties.
And citizens of the countries in the North American Free Trade Agreement and its successor, the U.S.-Mexico-Canada Agreement, benefit from special U.S. immigration status options that make cross-border homeownership even easier.