China and the U.S. have agreed to roll back tariffs on each other’s goods in phases as they work toward a deal between the two sides, but how has the housing and mortgage industry been impacted by the trade war?
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As the United States' neighboring countries lose their economic edge in the nation's home market, analysts at Capital Economics suggest China might soon become the biggest foreign buyer of U.S. housing. In a report released earlier this week, the National Association of Realtors (NAR) found foreign purchases of U.S. real estate surged in the 12 months ending in March to $92.2 billion, an increase of 35 percent over the prior period.
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