Rocket Companies Inc. Reports 20% Drop in Canadian Interest for U.S. Homes Amid Tariffs and Weak Dollar

Reuters09-15

<a href="https://laohu8.com/S/RKT">Rocket Companies</a> Inc. Reports 20% Drop in Canadian Interest for U.S. Homes Amid Tariffs and Weak Dollar

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250915188982) on September 15, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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