Redfin, a real estate brokerage company that offers a popular search tool for home buyers, has seen a huge drop in Canadian traffic this year. The number of Canadian Redfin.com searchers for U.S. properties has dropped roughly 22 per cent year-over-year. The decline started in February, just as U.S. President Donald Trump announced 25 per cent tariffs on Canadian exports, and the biggest drop, 34.2 per cent (YoY), came in April, coinciding with the so-called “Liberation Day.” Declines have continued through July, though it eased slightly last month to a 19.4 per cent decline.
