Foreign buying of residential real estate is surging across the United States, reaching over $153 billion in sales over the past year.
Don’t expect Mainland Chinese real estate investors to make it rain in 2017. At least, not to the extent they did last year.
Canada has twice the ratio of vacant homes the US did before the great recession, indicating Canadian real estate may be in hypersupply.
China’s largest international real estate buyer has a problem, and the Canadian government thinks household debt will accelerate.
US real estate firm CoreLogic has observed that as mortgage rates climb, credit ratings have started to slide across America.
The New York City area is seeing low rent units disappear, and high rent units replace them at a rapid rate.
Homeowners are starting to recover from the US real estate bubble that burst in 2008, but over 10 million mortgages have little to no equity.
The gap between new home prices in Canada and the US is growing, with Canadian homes now more than 50% more expensive.
China’s real estate investors and the people selling them property are divided on which US presidential candidate is best for business.