Snowbird selloff: Canadians are parting ways with U.S. properties [Video]

Over the last 15 years, grain farmer Dale McMullen has escaped the Alberta cold for sunny Arizona. But after this winter, he doesn’t plan on returning.

“The papers are signed,” said the Innisfail, Alta., resident.

He and his wife sold their winter home in Phoenix. It closed this Friday.

“We’ve been tolerating the poor dollar for a few years, hoping that it would get better. But now this political mess with the U.S. and Mr. Trump. It’s very, very insulting,” said McMullen, who returned to Canada last Sunday.

He says he’ll miss his second home, the wonderful weather, and his American friends.

“We had many people stop and apologize for what’s happening. And they feel terrible,” said McMullen.

The McMullens are part of a real estate exodus.

In the face of a trade war with the U.S., President Donald Trump’s annexation threats, and the falling Canadian dollar, snowbirds are increasingly selling their U.S. properties, say realtors.

Nathalie Mancuso, who lives …