- Foreign buyers closed on $153 billion worth of U.S. residential properties for the 12 months ended in March
- That is a 49 percent increase from 2015-2016
- Florida, Texas, California ,New Jersey, Arizona drew the most international buyers.
Foreign buyers closed on $153 billion worth of U.S. residential properties between April 2016 and March 2017, a 49 percent jump from the period a year earlier, according to the National Association of Realtors.
Sales to international buyers in the United States accounted for 10 percent of all existing home sales by dollar volume and 5 percent by number of properties. In total, foreign buyers purchased 284,455 homes, up 32 percent from the previous year.
According to that report, of all foreign purchases in the U.S., around 10% were for homes priced at $1 million or more.
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