Abstracts for Vol.
All articles listed here are available for download in portable document format.
This study is an examination of the impact of foreign investors on an American residential real estate market. Point Roberts, Washington, a real estate market that is dominated by Canadians, is the focus of the analysis. A rising Canadian dollar seems to motivate increased demand for Point Roberts property by Canadian investors, for example. In general, it appears that a higher Canadian dollar will increase the Canadian demand for Point Roberts real estate which, in turn, leads to higher transaction prices. In addition, transaction prices in Point Roberts are slightly more volatile than are prices in the Vancouver market.