Top five foreign buyer nationalities in the U.S

Foreign buyers purchased $102.6 billion of residential property from April 2015–March 2016 in the U.S, according to the National Association of REALTORS®’ 2016 Profile of International Activity report. Sales of residential property to foreign buyers increased by 3 percent to 214,885 from 208,947 compared to the previous 12-month period. Foreign buyers typically purchased more expensive properties.Although foreigners …