Chinese, Canadians, and Mexicans: Top Foreign Buyers in April 2016–March 2017

Despite the slowdown in Chinese economic growth and tighter regulations on outflows of foreign exchange, Chinese foreign buyers remained as the top foreign buyer of U.S. residential property, according to NAR’s recently released 2017 Profile of International Activity in...

Will Falling Auto Sales Lead to Falling Home Sales?

Americans have been cutting back on vehicle purchases in 2017 after having reached a 17.8 million annualized pace in the fourth quarter of last year. The purchases were running 4% and 6% lower in first and second quarter of...

Foreign Buyer Residential Purchases Rose to $153B in April 2016–March 2017

Foreign buyers purchased $153 billion of U.S. residential property in April 2016–March 2017[1], an increase from the $102.6 billion of property purchased in the previous 12-month period, according to NAR’s recently released 2017 Profile of International Activity in U.S....

Raw Count of Home Sales (June 2017)

Existing-home sales dropped 1.8 percent in June from one month prior while new home sales rose 0.8 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of...

June 2017 Pending Home Sales

NAR released a summary of pending home sales data showing that June’s pending home sales pace is up 1.5 percent from last month and up 0.5 percent from a year ago. Pending sales represent homes that have a signed...