ORLANDO—Although the loonie has lost more than a quarter of its value in the past few years, national homebuilder AV Homes hasn't seen a big change in the actual number of Canadian buyers in the Central Florida market—at least not as of yet. So says Bob Kanjian, sales manager with national homebuilder AV Homes.

"The key reason why I don't think there will be a slowdown in the number of Canadian buyers is because we have a have vast inventory of luxury homes for $250,000 or less -- and we service that market well," Kanjian says. "That's the desirable price point for Canadians who have always been value-conscious buyers, but even more so now."

That said, Kanjian admits Canadians may be in a bit more of a quandary now.  While they watch the loonie going down, they are also looking at Florida real estate which is going up in price. 

That leads to an obvious consideration: If they wait, not only do they miss out on getting to use the property during Canada's cold and rainy months—they also miss out on locking in a good price as Florida home values go up.

"I believe a lot of Canadians weigh these issues, which is why we haven't seen a change," Kanjian said. "Central Florida is still a desirable destination—even if it's more expensive now. It's a bargain compared South Florida, which is why they close the deal. They figure they can make the purchase with a loan, and then pay it back in the future with a stronger Canadian dollar."

It's not just Canadians who are flocking to single-family homes in Central Florida. Buyers from seven other nations find Orlando an attractive investment.

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