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US Home Purchases By Foreign Buyers Rise for First Time in Eight Years
- Foreigners purchased $56 billion worth of existing U.S. homes from April 2024 through March 2025, as reported by the National Association of Realtors 2025 International Transactions report.
- International buyers acquired 78,100 properties, marking a 44% increase from the previous year and the first year-over-year rise since 2017.
- Chinese buyers represented 15% of total foreign buyers, followed by Canada at 14% and Mexico at 8%.
- Real estate experts indicate that the U.S. housing affordability crisis is making it harder for American buyers to enter the market, thereby increasing opportunities for overseas buyers.
- Due to high mortgage rates, 47% of international buyers paid cash for homes, creating opportunities for overseas buyers.
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Chinese Home Buyers Boost Home Sales In U.S., California Is Top Choice
Chinese buyers spent $13.7 billion on U.S. homes from April 2024 to March 2025, an 83% increase. California is the top choice, with 36% of purchases. Despite geopolitical tensions, Chinese buyers see U.S. real estate as a safe investment, often paying in cash.
·United States
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Coverage Details
Total News Sources35
Leaning Left5Leaning Right4Center9Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 28%
C 50%
R 22%
Factuality
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