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Profile of International Residential Real Estate Activity in Florida

January 4, 2017

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Highlights:

The 2016 Profile of International Residential Real Estate Activity in Florida presents information regarding residential transactions with international clients of Florida REALTORS® members during the 12-month period of August 2015–July 2016. The 2016 report also presents information on U.S. clients seeking to purchase property abroad.

Florida remained the top destination of foreign buyers purchasing U.S. residential properties in 2016, accounting for 22 percent of all foreign buyers who purchased residential property in the United States. However, slower economic growth in many countries, the appreciation of the dollar against a number of currencies, and strong price growth in multiple areas due to limited housing inventory combined to make conditions more difficult for foreign buyers purchasing in the United States and in Florida.