Ellicottville is a year-round getaway for many, but some businesses are keeping a close eye on the Canadian dollar and recently imposed tariffs.
ELLICOTTVILLE, N.Y. — Ellicottville is a year-round getaway for outdoor lovers, but some businesses are keeping a close eye on the Canadian dollar and recently imposed tariffs.
With the U.S. dollar currently worth about $1.43 Canadian, visitors from across the border are paying more when they dine, shop, and stay here in the United States.
Business owners in Ellicottville said, so far, they’re still seeing steady crowds.
Real estate data shows home prices in Ellicottville are rising.
Realtor.com notes a median listing price of $419,900, up 5.1% year-over-year. Zillow estimates the average home value in the 14731 zip code at $387,357, reflecting a 6.0% increase over the past year.
Caitlin Croft, a licensed real estate salesperson in Ellicottville with Iconic Real Estate, said the exchange rate is …