The National Association of REALTORS® (NAR) recently released the 2016 Profile of International Activity in U.S. Residential Real Estate, which tracked residential real estate activity of international buyers from April 2015 to March 2016. The NAR's report found that between April 2015 and March 2016, 214,885 residential properties were purchased in the United States by foreign buyers, accounting for $103.9 billion in sales. This represents a nearly 3% increase over the previous 12-month period. In addition, the report concluded that five states – Florida, California, Texas, Arizona, and New York – accounted for over half of all residential real estate activity in the United States by foreign buyers. Florida topped the list with 22% of all sales.