DID YOU KNOW? A 2017 report published by the National Real Estate Association found that foreign buyers purchased $153 billion worth of residential properties in the USA between April 2016 and March 2017, a $102.6 billion increase over the previous 12-month period.
- Most foreign buyers (58%) reside primarily in the USA.
- Chinese foreign buyers were at the top of the foreign buyer list (in 2016 to 2017, they spent $31.7 billion)
- In 2016-2017, the second most prominent group of foreign investors were Canadians, who spent $19 billion on U.S. real estate.
(From an article on 6sf that featured Compass agents Victoria Shtainer and James Morgan)
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