1 March 2013
Canadians are using equity in their homes to buy real estate in U.S.
The recent survey by the National Association of Realtors shows that Canadians stand for the largest share of foreign buyers of the U.S. real estate. They account for 24% of all international sales, followed by China with 11% and Mexico with 9%.
Canadians are actively using equity in their homes to buy real estate south of the border…