Rocket Companies Inc. has released a market analysis revealing a significant decline in the number of Canadians searching for homes in the U.S. via Redfin.com. According to the report, Canadian interest dropped by 19.5% year-over-year in August. This decline began in February, coinciding with the White House's implementation of 25% tariffs on Canadian imports. While the steepest drop was observed in April at 34.2%, the figures have gradually stabilized but remain notable. The report highlights that historically, Canadians have been the largest group of international buyers in the U.S., purchasing $5.9 billion worth of real estate in 2024 alone. However, searches have decreased in 46 of the 50 largest U.S. metro areas, with Florida cities like West Palm Beach, Tampa, and Orlando witnessing significant declines. The analysis suggests that a combination of American politics, tariffs, and a weaker Canadian dollar has contributed to the reduced interest.