International

International buyers scale back purchases of US homes

NAR: Economic conditions, tight financing and limited inventory dampen sales
Published on Jun 25, 2013

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by CareyBot

Foreign buyers purchased a smaller share of U.S. homes sold in the year through March 2013 compared to the year before, according to an annual report from the National Association of Realtors. An 11.5 percent drop in average sales price, ...