Daily Market Updates: Foreign buyers pull back from U.S. housing as H-1B eligibility shrinks

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Foreign buyers pull back from U.S. housing as H-1B eligibility shrinks

Reported · Written up by our desk · Residential

Foreign buyers are purchasing fewer U.S. residential properties, CNBC Real Estate reports, citing a sharp pullback that is partly linked to fewer workers who would qualify for H-1B visas.

The outlet says the change is affecting the flow of international demand into the U.S. housing market, even as luxury-focused homebuilders continue to attract some foreign buyers.

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CNBC Real EstateForeigners are buying fewer U.S. properties, but luxury homebuilders still draw them in

Real Estate

Foreign buyers pull back from U.S. housing as H-1B eligibility shrinks

More like this

Sources

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