Canadians bought $19B worth of US real estate last year – second homes very popular despite dollar woes

Miami Beach Coast, Florida (Photo by Hoberman Collection/UIG via Getty Images)

From CBC News:

New Brunswick’s Joel Levesque had no idea he was helping set a record when he bought a home in Fort Myers, Fla., back in April.

The 63-year-old semi-retired public affairs professional wanted a place to escape for the winter and didn’t feel like waiting around for the loonie to gain ground on the greenback.

“There is no such thing as a great time. We said the heck with it, we’re just going to do it,” he said from his home in Fredericton.

Levesque used his savings from downsizing his Canadian home and bought a brand new, two-bedroom, two-bathroom house with a swimming pool. He and his wife plan to spend five months a year in the Florida sun.

“It’s all a matter of what your priorities in life are and our priority right now is to make sure we never see snow or ice again as long as we live.”