Profile of International Residential Transactions in Raleigh
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- Dollar Volume of Foreign Buyer Purchases: RRAR foreign buyers purchased $ 870 million in residential property during April 2018-March 2019
- Type of Foreign Buyers : 80 percent of foreign buyers were recent immigrants or persons who have been residing in the United States on work, student, or other types of visas (Type B buyers).
- Origin: India (16 percent) and China (9 percent) were the top sources of foreign buyers.
- Destination: Wake (78 percent) and Durham (10 percent) were the major destinations of foreign buyers.
- Purchase Price: The median purchase price among foreign buyers was $275,000.