GLOBAL BUSINESS COUNCIL

  • Home
    • About
    • Research >
      • News & Research
      • Profile of International Home Buying Activity
  • Resources
    • Global Field Guides
    • Market to Market >
      • Tips for Working with Foreign Buyers
      • Marketing to International Clients >
        • EB-5 Visa
        • Foreign Investment
        • Business & Referrals
  • Find a CIPS
  • Why New Jersey?
    • Bergen County
  • Events
    • UPCOMING EVENTS
  • NEWS
    • Press Releases
  • Video Library
  • Home
    • About
    • Research >
      • News & Research
      • Profile of International Home Buying Activity
  • Resources
    • Global Field Guides
    • Market to Market >
      • Tips for Working with Foreign Buyers
      • Marketing to International Clients >
        • EB-5 Visa
        • Foreign Investment
        • Business & Referrals
  • Find a CIPS
  • Why New Jersey?
    • Bergen County
  • Events
    • UPCOMING EVENTS
  • NEWS
    • Press Releases
  • Video Library

 Global Business News

existing home sales to non-resident foreigners

3/3/2015

0 Comments

 
REALTORS® sell homes both to resident and non-resident foreigners.  How have sales to non-resident foreigners been, given that major parts of the world have been in economic slowdowns and that the value of the dollar has been appreciating?

The Answer is “Holding Up Reasonably Well.”  As part of the REALTORS® Confidence Index survey REALTORS® provide information on existing home sales to non-resident foreigners.  The level of sales fluctuates from month to month, so the graph presents the data on a 12 Month Rolling basis.

Sales to non-resident foreigners are currently in the 100,000 per year range, down a bit probably due to the current strength of the dollar and economic slowdowns in some foreign countries.  With international economies now recovering, the outlook should be for additional sales and somewhat higher prices.

Picture
0 Comments



Leave a Reply.

    Global Business Council

    Great articles, business tips and news updates for your global business needs.

    Archives

    February 2017
    July 2016
    May 2016
    February 2016
    December 2015
    September 2015
    August 2015
    July 2015
    June 2015
    April 2015
    March 2015

    Categories

    All

    RSS Feed

GREATER BERGEN REALTORS
GLOBAL BUSINESS COUNCIL

                     201.244.7000      info@njglobalrealestate.com

Privacy Policy 

Terms of Use
Accessibility
Copyright Notice