The Impact of Fewer Canadian Buyers in New York

From 2024 to 2026, the decline in Canadian buyers is projected to result in an estimated transaction volume loss of $29,184,000 for New York.

The estimated number of Canadian buyers in New York for 2025 and 2026 is based on the fact that 4% of all Canadian buyers purchased in New York in 2024. Using this share, we projected New York’s buyer count and calculated potential transaction volume loss based on the 2024 average Canadian purchase price of $834,000.
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