Foreign buyers purchased $45.3B in U.S. existing homes, NAR says
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IN SHORT
Foreign buyers purchased $45.3 billion in U.S. existing homes between April 2025 and March 2026, marking a significant decline in both dollar volume and the number of properties sold. This pullback is attributed to a slowdown in international visitors, with Canada and Mexico showing the highest volume of purchases and China leading in dollar volume. The National Association of Realtors reported a 19.1% drop in dollar volume and a 14% decrease in properties purchased by foreign nationals.
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Key Numbers
$45.3Bforeign buyer purchases in U.S. existing homes
19.1%drop in dollar volume of foreign home purchases
14%decline in properties purchased by foreign buyers
Who's Involved
National Association of Realtors
organization reporting on foreign buyer activity in U.S. homes
Canada
country leading in volume of foreign home purchases
Mexico
country leading in volume of foreign home purchases
China
country leading in dollar volume of foreign home purchases
Key facts
Foreign buyers purchased $45.3 billion in U.S. existing homes from April 2025 through March 2026.
The dollar volume of foreign home purchases dropped by 19.1%.
The number of properties purchased by foreign buyers declined by 14%.
The pullback in foreign purchases correlates with a slowdown in international visitors.
Canada and Mexico led in the volume of homes purchased by foreign buyers.
China led in the dollar volume of homes purchased by foreign buyers.
The National Association of Realtors (NAR) released these findings.
Foreign buyers acquired $45.3 billion worth of U.S. existing homes during the period of April 2025 through March 2026. This figure represents a substantial decrease, with a 19.1% drop in dollar volume and a 14% decline in the number of properties purchased by foreign nationals, as reported by the National Association of Realtors (NAR). The slowdown in foreign investment in the U.S. housing market is closely linked to a broader reduction in international travel and visitor numbers. Canada and Mexico were the leading countries in terms of the volume of homes purchased by their citizens, while China accounted for the largest dollar volume of transactions. This trend indicates a cooling of international demand for American real estate, potentially influenced by global economic conditions, travel restrictions, or shifts in investment priorities among foreign buyers.
Frequently asked questions
Foreign buyers purchased $45.3 billion in U.S. existing homes from April 2025 through March 2026.
This represents a 19.1% drop in dollar volume and a 14% decline in the number of properties compared to the prior year.
Canada led by the number of purchases, followed by Mexico. China remained the largest source of dollar volume.
Florida attracted the most foreign buyers, followed by California and Texas.
What Happens Next
01NAR will continue to track international transactions in U.S. residential real estate.
02Future reports will monitor trends in foreign buyer activity and their impact on U.S. housing markets.
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