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Arizona is one of the top destinations for foreign buyers looking to purchase residential real estate, according to a report by the National Association of Realtors. In fact, a significant portion of these buyers - a whopping 60% to be exact - are Canadians. The report, titled "NAR's 2024 Profile of International Transactions in U.S. Residential Real Estate," covers Realtor transactions involving international clients who bought or sold U.S. residential property between April 2023 and March 2024. During this period, Arizona ranked fourth in the country for real estate investment, with 5% of all foreign buyers showing interest in purchasing property in the Grand Canyon State. For more details on this story, check out the Business Journal.
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