Foreign Investment in U.S. Residential Real Estate Collapses 36 Percent in 2019
National Association of Realtors | July 23, 2019
According to the National Association of Realtors, a decline in global growth and low housing inventory contributed to a steep drop in foreign investment in U.S. residential real estate over the past year. National Association of Realtors reports that foreign buyers purchased fewer U.S. existing homes from April 2018 through March 2019. Global economic growth, which increased in 2016 to 2017, slowed to 3.6% in 2018 and is on pace to taper to 3.3% in 2019.