International Activity In The United States Market #cbarsteve #mshomestore The economic environment during the 12-month period April 2017 — March 2018 provided both opportunities and challenges for foreign buyers interested in purchasing U.S. residential property. Amid tight supply, solid employment growth, and historically low interest rates, home prices continued to increase strongly in the United States. Measured in local currencies of foreign buyers, the U.S. home price appreciation was tempered by the weaker U.S. dollar for some countries such as Canada and China. Sustained employment growth in the United States bolstered home buying by domestic residents who competed against foreign buyers for the limited supply of homes on the market. Highlights Foreign buyers purchased $121.0 billion of residential property from April 2017—March 2018, a decrease from $153 billion during the previous 12-month period (April 2...
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