Photo: Spencer Means/Flickr
Recent data released by Realtor.com shows that NYC is the most desirable commercial and residential market for international buyers. Of all US cities, NYC saw the most international visitor traffic on Realtor.com and Realtor.com International, both operated by the National Association of Realtors.
The data was collected from a pool of over one million unique international consumers visiting Realtor.com sites in June 2015.
Countries where New York City was ranked the number one most-searched-for market include Canada, Australia, India and Italy. For Canada, this is no surprise, considering that Manhattan itself has drawn $3.9 billion from Canadian investment in 2015 from January 1st to September 29th, 2015.
Countries where New York City missed the top spot include the United Kingdom, Brazil, Germany and South Korea, though the Big Apple still ranked #3 or #2 for those countries. The only country with a highly-engaged Realtor.com user presence that did not feature New York City on its top five list was Mexico, which instead favors cities in California and Texas.
Below is the full list of the top 10 commercial and residential real estate markets for international consumers:
- New York, NY
- Los Angeles, CA
- Miami, FL
- Orlando, FL
- Las Vegas, NV
- Fort Lauderdale, FL
- San Francisco, CA
- Houston, TX
- San Diego, CA
- Chicago, IL
Realtor.com has more than three million for-sale listings from over 800 multiple listing services, and Realtor.com International expands that service to international homes and land for sale, as well as rentals in over 46 countries.
Follow @bbnhyc for updates on international investment in New York City.