Foreign buyers snag record $153B in U.S. real estate—and not where you’d expect

By Clare Trapasso |

Soaring prices and a limited number of homes on the market haven’t stopped foreign buyers from dropping a record amount of money on American real estate in recent months.

International buyers purchased $153 billion worth of existing homes in the U.S. from April 2016 to March 2017—up 49% from the same period a year before, according to a recent National Association of Realtors® survey. They bought 284,455 properties, a 32% increase from the previous year. However, despite how impressive that sounds, it represents only about 5% of existing-home sales.


Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.