Calgary News, Events & Local Insights about Calgary - Blog Archive: March, 2023

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Sold sign in front of a house in a residential neighborhood.

Sundry Photography // Shutterstock

Written by: Dom DiFurio

When snowbirds descend on the United States, where do they roost? 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.

In the U.S., foreign buyers purchased 98,600 homes between April 2021 and March 2022, making up 1.6% of all 6 million existing-home sales. 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…

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