Canadiansare the largest groupofforeignbuyersin the U.S.today, representing about 23% of foreign buyers, upfromabout 17.6% in 2009, according to the NationalAssociation of Realtors.
Last week, the National Association of Realtors trade group said the number of homes purchased by investors rose 65% during 2011 to 1.2 million, representing 27% of all sales.
The inventory of all listed homes in February was enough to last 8.6 months at the current sales rate, according to the National Association of Realtors, a trade group.