Foreign purchases of U.S. residential real estate metrics

Alien Acquisitions

In the year ending 3/19, foreign purchases of US residential real estate declined to $77.90 billion, down from a peak of $153.01 billion two years ago, their weakest level in six years. Chinese buying activity declined the most; by 50% or $13 billion in just one year. Slowing global growth, a Chinese trade fight, and a rising dollar are why. Impacts are being most felt in luxury sales.

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Elliot F. Eisenberg, Ph.D.
GraphsandLaughs, LLC
elliot@graphsandlaughs.net
Cell: 202.306.2731
http://www.econ70.com

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About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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