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Going Global: The Impact of International Home Sales on Real Estate Markets

Jan 27 2016

Analysts have been paying attention recently to the influx of foreign buyers in real estate markets in areas such as California, Texas, Florida, and New York, and the impact of cross-border home sales on real estate markets and communities.

While accounting for only 4 percent of home sales according to the National Association of Realtors®, these trends can change very quickly.

For example, while a recent article described a mainland Chinese investor’s effort to build a community of 99 mega-mansions near Dallas, other sources have noted that for Chinese buyers in particular, cross-border home sales have actually started to wane with the decline in the Chinese stock market and lower prospects for economic growth in China.

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