A Stronger U.S. Dollar Is Impacting Foreign Buyers

February 16, 2016

At the end of 2015, the typical U.S. home had a value of $183,500. That was up 4 percent from the end of 2014 when a typical U.S. home was valued at $176,400. However, thanks to an exchange rate that is leaning in the dollar’s favor as compared to most major foreign currencies in 2015, the typical U.S. home appreciation, as valued in various foreign denominations, appreciated much more for foreign buyers.

In 2015, U.S. homes appreciated almost 31 percent for anyone looking to invest Russian rubles in U.S. real estate, according to Zillow, which is actually a slowdown compared to last spring.

The largest jump came from the Brazilian Real, however, as a typical U.S. home now costs 54 percent more than it did one year ago. The Canadian dollar, the Mexican peso, and the Euro all saw large increases as well.

Click the link below to see the full breakdown of home appreciation by currency.

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