mexico

Chinese, Canadians, and Mexicans: Top Foreign Buyers in April 2016–March 2017

Chinese, Canadians, and Mexicans: Top Foreign Buyers in April 2016–March 2017

Despite the slowdown in Chinese economic growth and tighter regulations on outflows of foreign exchange, Chinese foreign buyers remained as the top foreign buyer of U.S. residential property, according to NAR’s recently released 2017 Profile of International Activity in U.S. Residential Real Estate.

Chinese buyers accounted for 14 percent of all foreign buyers[1], followed by Canada (12 percent), Mexico (10 percent), India (5 percent), and the United Kingdom (5 percent).