More Chinese, Less Canadians.
U.S. real estate purchases by Canadians used to lead the way in U.S. international sales, but that’s not the case anymore. Chinese buyers represented 45% of all purchases totaling $27 billion in sales, followed by Canada ($8.9 billion), India ($6.1 billion) the U.K. ($5.5 billion) and Mexico ($4.8 billion). As a result, the dollar volume of sales from Chinese buyers exceeded the total dollar sales figure of the next top-four ranked countries combined. In Arizona however, Canadians are still #1.