Saturday 28 July 2018

Why foreign buyers are pulling back from US housing market at record rate

Foreign home buyers are pulling back amid political uncertainty. According to the National Association of Realtors’ new survey cited by the Wall Street Journal, the number of purchases by international buyers fell by 21 percent between 2017 and 2018, amounting to a drop of $32 billion. It’s the largest decline on the books. “The [discussion of a] trade war or just the rhetoric against foreigners may have dampened some of the enthusiasm to buy property […]



source https://therealdeal.com/2018/07/28/why-foreign-buyers-are-pulling-back-from-us-housing-market-at-record-rates/

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