A decline in global growth and low housing inventory contributed to a drop in foreign investment in U.S. residential real estate over the past year. This is according to an annual survey of residential purchases from international buyers, released today by the National Association of Realtors®, which found that foreign buyers purchased fewer U.S. existing homes from April 2018 through March 2019. Global economic growth, which increased in 2016 to 2017, slowed to 3.6% in 2018 and is on pace to taper to 3.3% in 2019.
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Global Perspectives in Real Estate is a resource for global professionals that outlines how members can globalize their local market. Produced bi-monthly, this newsletter serves as a how-to guide and is full of useful and actionable tips.