03/07/2013 12:17 pm ET

Immigrant Homeowners Bolster The US Housing Market

Immigrant homebuyers have bolstered the housing market across the country in the past decade and will continue to fuel demand at least through 2020, according to a new study.

Foreign-born buyers accounted for the bulk of growth in homeownership in states with large immigrant populations and helped offset a decline of purchases by U.S. natives in other areas, according to the report prepared by University of Southern California demographers for the Mortgage Bankers Association.

Read more on The Wall Street Journal