Browsing Posts In: International

January 6, 2017 Posted by: Amanda Riggs

The new year has already started off with a bang and NAR’s Research Team has many projects in the works for our members, the media, and the general public related to the housing market. We’ve compiled a little cheat sheet below to help you navigate our resources and keep you up to date with the […]

... Read More

Posted by: Amanda Riggs

The new year has already started off with a bang and NAR’s Research Team has many projects in the works for our members, the media, and the general public related to the housing market. We’ve compiled a little cheat sheet below to help you navigate our resources and keep you up to date with the […]

... Read More

March 7, 2016 Posted by: Scholastica (Gay) Cororaton, Research Economist

Over the 12-month period April 2014‒March 2015, the National Association of REALTORS® estimated that the dollar volume of home purchases of foreign buyers rose to $102 billion, led by purchases from Chinese buyers. While NAR is yet to conduct its annual survey in April 2016, current economic indicators could prove challenging to foreign buyers and […]

... Read More

July 20, 2015 Posted by: Jed Smith, Managing Director, Quantitative Research

Over a five year time frame, 15 to 20 percent of REALTORS® responding to NAR’s 2015 Profile of Home Buying Activity of International Clients have consistently reported an increase in existing home sales to foreign buyers.  The sale of U.S. existing home properties has been a slowly growing niche market, accounting for up to 8 percent […]

... Read More

July 13, 2015 Posted by: Jed Smith, Managing Director, Quantitative Research

Foreign buyers purchase U.S. residential existing-home properties for a variety of reasons—for example, vacation, investment, asset diversification, and residential use.  How do they decide where to buy? Based on information from NAR’s 2015 Profile of Home Buying Activity of International Clients, proximity to the home country, the presence of relatives, friends and associates, job and […]

... Read More

July 9, 2015 Posted by: Jed Smith, Managing Director, Quantitative Research

Existing-home sales (EHS) to foreign buyers were approximately 8 percent of the total U.S. existing-home sales market of $ 1.3 trillion for the 12 months ending March 2015, according to NAR’s recently released 2015 Profile of Home Buying Activity of International Clients.    Buyers came from across the globe, but five countries accounted for 54 […]

... Read More

July 8, 2015 Posted by: Scholastica (Gay) Cororaton, Research Economist

Foreigners purchase properties in the U.S. for residential, investment, and vacation purposes, according to NAR’s 2015 Profile of Home Buying Activity of International Clients.  About 46 percent of reported international transactions were intended for primary residences.  About 20 percent purchase for renting out the property, and about 15 percent purchase for vacation purposes. About 11 […]

... Read More

July 6, 2015 Posted by: Jed Smith, Managing Director, Quantitative Research

Over the 12 months ended March 2015, Canadians purchased U.S. properties at an estimated $11.2 billion in total value, a decrease from last year’s level of $13.8 billion, based on information from NAR’s 2015 Profile of Home Buying Activity of International Clients. Canadian buyers accounted for approximately 11 percent of total international sales in dollar volume.  Close […]

... Read More

June 29, 2015 Posted by: Scholastica (Gay) Cororaton, Research Economist

Contacts and referrals were the most important source of leads of purchases by international buyers, accounting for about 56 percent of responses, according to NAR’s 2015 Profile of Home Buying Activity of International Clients.  Website/online listings accounted for 20 percent. Among those who found their client through online sources, approximately 37 percent of the respondents […]

... Read More

June 26, 2015 Posted by: Jed Smith, Managing Director, Quantitative Research

Based on survey information, not all client interactions lead to a purchase of an existing home.  About 43 percent of REALTORS® who had international clients reported they had at least one client who did not purchase a property, according to NAR’s 2015 Profile of Home Buying Activity of International Clients.  “Could not find property”, “could […]

... Read More