Higher prices sap foreign investor interest in US' real estate market

As the US real estate market has continued its climb from recession price lows to its current level, many foreign investors who jumped in aggressively in 2008-2009 have begun backing away as the market reaches a perceived fair value. Add to this recent appreciation in the Dollar against some key currencies and the pricing is no longer as appetizing to Chinese, Indian, and Canadian investors as it once was.

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POSTED August 19 2013 4:08 PM

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