This infographic uses data from the 2015 Profile of International Home Buying Activity. The Profile of International Home Buying Activity presents data gathered from REALTORS® on purchases of U.S. real estate by international clients made during the 12 months from April 2014 – March 2015.

International Home Buying 2015

 

Highlights:

  • International buyers purchased $104B worth of property in the U.S. in the past year. 5 countries accounted for 51% of purchases by foreigners in the United States: Canada, China, Mexico, India, and the United Kingdom.
  • Although foreigners purchased property nationwide, four states accounted for 50 percent of international sales: Florida, California, Texas, and Arizona.
  • Approximately 209 thousand houses are estimated to have been sold to foreign buyers over the time period, approximately 4 percent of total Existing Home Sales.
  • Foreign clients payed on average nearly $500 thousand for a house, compared to the overall U.S. average house price of about $256 thousand.
  • The bulk of purchases by international clients were all-cash, accounting for approximately 55% of reported foreign transactions
  • Sales to foreigners are split between resident and non-resident purchasers. Resident foreigners may be in the U.S. for business, educational, or other purposes. Non-resident foreigners are typically looking for a vacation or investment property.

[dropshadowbox]Interested in purchasing internationally? Contact one of our Certified International Property Specialists (CIPS) today![/dropshadowbox]