Investor Presentaiton
Destination of International Buyers
The number of residential purchases by international buyers in Florida between August 2022 and July 2023 declined 18% compared to the prior 12-month
period. Reopening economies and fewer restrictions spurred international sales, though purchases were still below their pre-pandemic levels. While sales
prices are higher, fewer transactions have pulled dollar volume back in line with 2021 levels at $12.6 billion. Dollar volume in 2023 was 18% less than last
year's $15.3 billion.
Purchases by international buyers were heavily concentrated in South Florida, with 47% of purchases occurring in the Miami-Fort Lauderdale-West Palm
Beach MSA. In South Florida, 62% of purchases were by buyers from Latin America and the Caribbean, followed by 14% from Europe. The Orlando-
Kissimmee-Sanford MSA also saw a heavy concentration from Latin America and the Caribbean, accounting for 60% of international purchases. The
Tampa Bay area and Southwest Florida destinations were more popular with Canadian and European buyers. While only 4% of Florida's international
purchases in 2023 were in the Naples-Immokalee-Marco Island MSA, 56% of those buyers were identified as Canadian.
Nearly Half of International Purchases Are in South Florida
Metro Area Share of Florida's International Buyers in 2023
Composition by Region of Origin
Miami-Fort Lauderdale-West Palm
Beach MSA
Orlando-Kissimmee-Sanford MSA
14%
Tampa-St. Petersburg-Clearwater MSA
8%
47%
6% 14%
9% 8%
62%
Africa
Asia and Oceania
Europe
Latin America and the Caribbean
Northern America
Unknown/Not Specified
11% 6%
60%
11% 11%
15%
20%
32%
20%
8%
Cape Coral-Fort Myers MSA
6%
10% 13% 14%
57%
6%
North Port-Sarasota-Bradenton MSA
4%
6%
42%
34%
16%
Naples-Immokalee-Marco Island MSA
4%
2023 Profile of International Residential Transactions in Florida
22%
7%
56%
11%
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