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Posted on 08/04/2026 12:11:56 PM PDT by Twotone
Foreign buyers pulled back from the U.S. housing market over the past year, buying $45.3 billion worth of existing homes, the second-lowest level on record, according to a new report.
Foreigners bought those homes from April 2025 through March 2026, according to the National Association of Realtors 2026 International Transactions in U.S. Residential Real Estate report. That's a 19.1% decrease in dollar value and a 14% drop in the number of properties purchased from the previous 12-month period.
International buyers purchased 67,100 properties, the second-lowest level since NAR began tracking foreign buyer activity in 2009. The median purchase price was $465,000, down from last year's record high of $494,400. It's the first full-year report covering the period after President Donald Trump returned to the White House in January 2025.
The decline in foreign buyer activity mirrors a drop in international visitors and tourists to the United States, NAR Chief Economist Lawrence Yun said. Even a slightly weaker U.S. dollar over the past year, which gives foreign buyers more purchasing power, failed to spur more activity, he noted.
Canada returned as the top country of origin, accounting for 16% of foreign buyer purchases, up from 14% a year ago, followed by Mexico at 14%. China, last year's leader, fell to third at 11%.
(Excerpt) Read more at justthenews.com ...
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Should be prohibited unless you are a citizen. Might be incentive for some loafers to get naturalized.
China met quota?.
It also might have something to do with the strength of the US DOLLAR in relation to most other currencies.
yes, yes, and yes. can we also put a 5-10 year moratorium on accepting foreign college students?
Why are Chinese Commies allowed to buy US property ?
We are suicidal to allow this .
they could actually make housing a little less expensive if they cut foreign home buyers out of the US market.
No foreigner is ever going to buy in New York City of course, or they will have to pay Mamdani’s new extortion.
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