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【World Property Journal】NAR Says Russian Invasion Into Ukraine to Have Minimal Impact on U.S. Housing Markets

【World Property Journal】NAR Says Russian Invasion Into Ukraine to Have Minimal Impact on U.S. Housing Markets

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Florida historically has the most foreign Russian property buyers in the U.S.

The National Association of Realtors Senior Research Economist Scholastica Gay Cororaton is reporting this week that any decline in international real estate transactions from Russia's invasion of Ukraine will have little direct impact on the U.S. housing market.

According to NAR's 2021 International Transactions in U.S. Residential Real Estate Report, Russian foreign buyers account for less than 1% of foreign buyer purchases, and overall, foreign buyers account for about 2% of existing-home sales.

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