Foreign Home-Buying in U.S. Bounds to Over $150 Billion

Foreign home-buying in the U.S. leaped 49 percent to $153 billion in the last year, a record high in the National Association of REALTORS® (NAR) Profile of International Activity in U.S. Residential Real Estate, recently released for 2017. The boost came as activity from Canada exploded to $19 billion, with buyers from China, India, Mexico and the UK also contributing considerable volume.“The political and economic uncertainty both here and abroad did not deter foreigners from exponent