The International Transactions in U.S. Residential Real Estate report is officially released! This report provides information on U.S. clients looking to purchase property outside the U.S., as well as transaction information from international clients who bought and sold U.S. property between April 2021-March 2022.
This report is packed with useful data to help you have a complete understanding of the business of global real estate. We’ve summarized some takeaways for you but be sure to have a close read for yourself.
Top 10 Foreign Buyers
- 11% Canada
- 8% Mexico
- 6% China
- 5% India
- 3% Brazil, Columbia
- 2% France, Germany, and United Kingdom
- 2% Japan
- New York
- North Carolina
Other major destinations include New Jersey, Illinois, South Carolina, and Virginia.
- Foreign buyers tend to pay in cash
- Foreign buyers who live abroad are more likely to pay cash than those living within the U.S.
- More than half of Canadian, Colombian, and Chinese buyers made all-cash purchases
The data and research provided to Global Perspectives members is an invaluable tool in your toolkit! Don’t forget to read this and other past reports here: https://www.nar.realtor/research-and-statistics.