Relevant:
- China buys $22bn worth of US homes, leads global pack, As Foreigners Take 7% of US Market
- Cheap homes lure foreign buyers
- Reality of B.C.'s foreign buyers tax begins to bite as realtors report deals collapsing
- Buyers Enter Market, Payoffs Not Yet Seen
- US Home Prices Rise at Solid Pace, Even With Flat Sales
2011-05-19 — bloomberg.com
"Foreign-born buyers took advantage of falling property prices to purchase $82 billion of U.S. homes over the past year, a 24 percent increase, according to a report by the National Association of Realtors."
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