Average purchase price of residential property by Canadian buyers in the U.S. 2010-24

Published by Statista Research Department, Sep 3, 2024

The average purchase price of a property by Canadian buyers in the United States generally increased with fluctuation in the period between 2010 and 2024. In 2024, Canadian buyers paid on average 834,000 U.S. dollars for American properties, the highest value recorded since 2010. With a total of 5.9 billion U.S. dollars, Canada was the second-largest foreign buyer of residential real estate in the U.S.

Average purchase price of residential property by Canadian buyers in the United States from 2010 to 2024 (in U.S. dollars)

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Release date

July 2024

Region

United States

Survey time period

2010 to 2023

Supplementary notes

The source adds the following information: "estimates from 2010 through 2015 include some commercial transactions. From 2016, the estimates include only residential transactions."

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Overview

7

Foreign buyers' perspective

3

Chinese buyers

7

Canadian buyers

5

U.K. buyers

5

Indian buyers

5

Mexican buyers

5

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Topics

Foreign property investment in the U.S.Construction industry in the U.S.Housing market in the U.S.Millennials homeownership in the U.S.Commercial real estate in the U.S.
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