Here's why international buyers are pulling way back from the U.S. housing market
International buyers bought 54,300 existing homes from April 2023 to March 2024 — a 36% drop from the year before, according to the National Association of Realtors.
That's the lowest level of international investment since the NAR began tracking it in 2009.
- Foreign buyers are facing high prices and tight supply in the housing market, and they're also up against a strong U.S. dollar