A recent survey by the Bank of Montreal found that one in five Canadians would like to buy real estate in the United States and "sun and Sand" areas like the Palm Springs area are favorite destinations.
Some of the reasons include:
Home prices in Canada have steadily risen the past few years.
The Canadian dollar roughly at par with the US dollar make Palms Springs area real estate a good value for Canadians
The Canadians have the travel bug. 72% lf Canadians vs. 30% of Americans have passports and travel 60% more.
The weather attracts Canadians who want warmth and sunshine. Snow and subfreezing temperatures are hitting in Canada now.
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