Foreign Buyers Flood Back, Americans Squeezed Out
Surge in Foreign Home Purchases The global real estate market has faced numerous challenges recently. Yet, foreign buyers are now flooding the U.S. housing market at an unprecedented rate. From April 2024 to March 2025, international buyers purchased 78,100 homes. This marks a 44% increase compared to the previous year. The total dollar volume of these transactions reached $56 billion. This is a significant 33.2% rise, highlighting shifting market dynamics. Foreign buyers are targeting expensive properties. This behavior has pushed the median home price to $494,400, an increase of 4.1%. Nearly half of these transactions were all-cash deals. This indicates robust liquidity and focused investment strategies. Notably, China led as the primary foreign buyer, purchasing 11,700 homes totaling $13.7 billion, which accounts for 15% of all foreign purchases. These activities accounted for 2.5% of the U.S. existing-home market dollar volume. Such transactions have considerably influenced overal...