Foreign Home Buyers Recede from U.S. Market as Prices Soar
The number of homes international buyers purchased fell to the lowest level on record in the last year. Find out which markets are still attracting global attention.
Global real estate market
International home buyers are backing away from the U.S. housing market amid high home prices and low inventory, according to the National Association of REALTORS®’ new report, 2024 International Transactions in U.S. Residential Real Estate. Foreign buyers purchased 36% fewer homes between April 2023 and March 2024 compared to the prior 12-month period, marking the lowest sales to foreign buyers since NAR first began tracking such data in 2009.