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International Transactions Continue at Two Percent of Market

Sales of U.S. residential real estate to foreigners not residing in the U.S. continue to be in the 2 percent range.  Other NAR surveys have indicated that an additional 2 to 3 percent of residential sales are made to international customers residing in the U.S.  Additional information on international activities is available at http://www.realtor.org/research-and-statistics/research-reports/international-real-estate.

Jed Smith, Managing Director, Quantitative Research

Jed Smith is Managing Director, Quantitative Research with the National Association of Realtors®. He has worked on real estate issues for the past 20 years, providing input on a variety of housing, commercial real estate, tax, and planning issues. Recently he has been involved in several international studies.

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