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Canadian interest in Las Vegas homes falls 25%, outpacing national decline

by Patrick Blennerhassett August 17, 2026
by Patrick Blennerhassett August 17, 2026
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The number of Canadians searching for homes to purchase in Las Vegas has dropped a quarter from June of last year.

Year-over-year statistics from Redfin’s search result database show Canadian interest in homes across the country was down 15.3 percent, with Las Vegas coming in well above the national average drop at 25.2 percent.

Chen Zhao, the head of Economic Research at Redfin, said the Canadian economy has been struggling as of late and forced many to pull back from looking at homes abroad. The Canadian economy has been hit hard by U.S. President Donald Trump’s trade war with other nations. The country is also dealing with its own real estate crisis due to a number of similar factors including a slowdown in building and elevated mortgage rates.

“Canada’s economy is starting to recover after a weak start to the year, but uncertainty around trade, jobs, the domestic housing market and inflation is still prompting many Canadians to think twice about making a major purchase,” said Zhao. “Buying a home in another country is a particularly big financial commitment, so it makes sense that some Canadians are putting those plans on hold.”

Canada has traditionally been Las Vegas’ largest international market for tourists, but it also is seeing a decline. According to data from the Las Vegas Convention and Visitors Authority, Canadians accounted for an average of 44 percent of all global air travelers into the city between 2019 and 2024. Las Vegas tourism officials say Canadian visitation was down 20 percent in 2025, and airline seat capacity for flights coming from Canada was down 30 percent.

The biggest decline in Canadians looking for homes in U.S. cities was San Antonio, Texas, where searches from north of the border dropped 51.8 percent year over year. This was followed by a 48.6 percent drop in Austin, Texas, then 33.4 percent in Nassau County, New York, 32.5 percent in Houston and 29.3 percent in Cleveland.

However, Canadian-based searches increased in five metros led by Kansas City at a 17.6 percent year-over-year increase, followed by New Brunswick, New Jersey (11.6 percent), Nashville (9.4), Sacramento (9.3) and St. Louis (9.3).

Contact Patrick Blennerhassett at pblennerhassett@reviewjournal.com.

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