U.S. Is Top Global Market For Foreign Investment

February 9, 2008 | Filed Under Real Estate News, Real Estate Trends and Statistics, Real Estate Investment, Boston Real Estate 

The United States was ranked the top global property market among foreign investors, but Asia is close behind, according to a new survey by the Association of Foreign Investors in Real Estate (AFIRE). China ranked second behind the U.S. for the second time in three years, and the gap between the two countries narrowed from 27 percent in 2005 to less than 5 percent in 2007.

The U.S. was also considered the most stable and secure for real estate investments by 56 percent of those surveyed, followed by Germany, the United Kingdom, Australia and Japan. New York City and Washington, D.C. were ranked the top two global cities for foreign investors’ real estate dollars, followed by London, Paris and Shanghai.

Other significant changes in 2007 where:

  • Singapore, up to 6th place (tied with Tokyo) from 24th place in 2006
  • Sydney, up to 9th place from 15th place in 2006
  • Hong Kong, up to 10th place from 11th place in 2006

Top U.S. cities are:

  1. New York
  2. Washington DC
  3. Los Angeles
  4. San Fransisco
  5. Seattle

Boston was not mentioned in this survey.

Source: AFIRE

Comments

2 Responses to “U.S. Is Top Global Market For Foreign Investment”

  1. Blue Ridge Georgia Real Estate Agents on February 18th, 2008 10:12 am

    I have seen lots of interest in Atlanta GA by foreign investors also. It will be interesting to see how we do for the year 2008 in this comparison with this housing bubble we are currently experienceing in the US

  2. It’s a Global Market on Marathon Monday | Redfin Boston Sweet Digs on April 22nd, 2008 7:39 pm

    […] Thing is, though, that $200,700 dollars is only about 125,000 Euro, or a mere 100,000 GBP. And if you’ve seen the book value of some properties in downtown London recently, you won’t wonder why so many foreigners are investing in Boston’s real estate market. […]

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