International Home Sales Dollar Volume Retracts in U.S., Chinese Lead Purchases
realtor.com | July 06, 2016
WASHINGTON (July 6, 2016) — Waning economic growth in many countries and higher home prices further enhanced by a strengthening U.S. dollar resulted in a slight decline in international sales dollar volume of U.S. property over the past year and a significant retreat in buying from non-resident foreigners.