Foreigners snap up record number of US homes

in #economics7 years ago

"Foreign buyers closed on $153 billion worth of U.S. residential properties between April 2016 and March 2017, a 49 percent jump from the period a year earlier, according to the National Association of Realtors. That surpasses the previous high, set in 2015."

Full article: http://www.cnbc.com/2017/07/18/foreigners-snap-up-record-number-of-us-homes.html