Foreign buyers purchased $45.3B in U.S. existing homes, NAR says

Foreign buyers purchased $45.3 billion in U.S. existing homes from April 2025 through March 2026, a 19.1% drop in dollar volume and a 14% decline in the number of properties, according to the National Association of Realtors’ (NAR) 2026 International Transactions in U.S. Residential Real Estate report, published on Wednesday. NAR Chief Economist Lawrence Yun said the pullback in foreign homebuyer activity mirrors a slowdown in international visitors to the United States. A slightly weaker U.S. dollar over the past year — which technically boosts foreign purchasing power — “did not induce more activity,” he said in the association’s announcement. The report, based on a survey of 4,970 Realtors conducted in April 2026, covers international client purchases and sales of U.S. residential property between April 2025 and March 2026. Only 381 respondents reported at least one international residential buyer, underscoring how small the niche has become relative to the broader market. Foreign buyers remain a small but concentrated slice of the market International buyers purchased an estimated 67,100 existing homes during the 12‑month period, down from 78,100 a year earlier and the second-l...