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Foreign buyers cut purchases of U.S. existing homes to $45.3B
Foreign purchases fell 19.1% in dollar volume and totaled about 67,100 homes from April 2025 through March 2026, NAR data show.
Foreign buyers purchased $45.3 billion of U.S. existing homes from April 2025 through March 2026, down 19.1% from the prior year, according to HousingWire citing the National Association of Realtors 2026 International Transactions in U.S. Residential Real Estate report.
The report estimates foreign unit sales fell 14% to 67,100 homes, with the niche representing 1.7% of roughly 4.07 million existing home sales and 2.0% of about $2.3 trillion in existing home transaction volume.
NAR Chief Economist Lawrence Yun said the decline in foreign homebuyer activity lines up with slower international visitor trends into the United States. He also noted a slightly weaker U.S. dollar over the past year, which can boost purchasing power for foreign buyers, did not spur more activity.
NAR data also show the median foreign purchase price was $465,000 versus $413,600 for all existing home buyers, while the average foreign purchase price fell 6.9% year over year to about $669,500. The share of foreign buyers paying cash was 48%, compared with 28% for all existing-home buyers, and resident foreign buyers accounted for 56% of foreign transactions.