AUGUST 13, 2019: During the twelve months ending in March 2019, foreign buyers purchased $77.9 billion in U.S. residential real estate. That total is down 36% from the year before.[1] ([link removed])
For the seventh year in a row, more foreign buyers came from China than any other country. Other countries at the top of the list included Canada, India, the United Kingdom, and Mexico.
All told, foreign buyers purchased 183,100 existing homes in the United States. According to the National Association of Realtors, that represents 3% of all existing home sales.
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_Scott Rasmussen is an editor-at-large for Ballotpedia, the Encyclopedia of American Politics. He is a senior fellow for the study of self-governance at the King’s College in New York. His most recent book, ** Politics Has Failed: America Will Not ([link removed])
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