8 Sep
2008
In the Wall Street Journal by June Fletcher (Meet the Nouveaux Neighbors) 5, September, 2008. Florida and Arizona are becoming “Canada South” as Canadians flock to sunshine destinations in search of summer homes. A recent report indicated that a third of the real estate sells in Florida and Arizona were purchased by Canadians. Reasons given for the southern migration include the rising Canadian dollar, a strong housing market, and escalating home equity—properties in Canada grew by an amazing 11% in 2007 and are expected to rise an additional 5% for 2008. The influx of Canadians to Sunbelt states has allowed for the transfer of foreign traditions such as traditional foods and languages. Abstract by Steve Kramer
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