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Looking for New Prospects? Target Canadians

March 28 2011

house money 200pxLower prices and the strong Canadian dollar are encouraging one in five Canadians to buy U.S. property today, according to a new survey of by the Bank of Montreal.

Overall housing prices in the United States have fallen by 30 percent over the past four years. However, prices in regions that are traditionally destinations for Canadian snowbirds have dropped even more. For example, prices in Tampa have dropped 44 percent, Phoenix fell 54 percent, Las Vegas 57 percent, and Miami 49 percent.

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