Is it the right time to invest in the U.S. real estate market? Covid-19 is subsiding and vaccination rates are increasing. It appears that the U.S. is open for business. Canadians enjoy a special relationship with the United States that will likely continue and flourish post-pandemic. Learn more about investing in the U.S.
The United States and its territories cover a vast and diverse geography. The cultures and economies across the U.S. are equally diverse. There is no such thing as a single, monolithic U.S. real estate market. All real estate whether residential or commercial, is local.
Although international investment in the U.S. real estate market has slowed, it still presents a desirable and accessible market. Foreign buyers encounter few restrictions on the type, location, or value of property that they may want to purchase, own, sell and bequeath to heirs. Foreign owners enjoy the same property rights and protections as U.S. citizens.
The U.S. continues to be considered the country with the most stable and secure real estate investment opportunities and the leading market for capital appreciation. Five countries account for 44% of purchases by foreigners: Canada, China, Mexico, India and the United Kingdom. Between 2014 and 2018, Canadians purchased approximately $6 Billion worth of real estate in Florida alone.