{"id":365533,"date":"2026-08-07T19:17:08","date_gmt":"2026-08-07T19:17:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/365533\/"},"modified":"2026-08-07T19:17:08","modified_gmt":"2026-08-07T19:17:08","slug":"miami-demand-stays-strong-as-foreign-home-buying-falls-real-estate","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/365533\/","title":{"rendered":"Miami demand stays strong as foreign home buying falls | Real Estate"},"content":{"rendered":"

Foreign buyers purchased fewer U.S. homes and spent nearly $11 billion less than a year earlier, but Florida, and especially Miami, remained their leading destination, according to a new national report.<\/p>\n

International buyers purchased $45.3 billion in existing homes from April 2025 through March 2026, a 19.1% decline from the previous 12-month period, according to the National Association of Realtors\u2019 2026 international transactions report<\/a>.<\/p>\n

Versi\u00f3n en espa\u00f1ol<\/a><\/p>\n

The number of properties purchased fell 14%, from 78,100 to 67,100, the second-lowest level since NAR began tracking foreign purchases in 2009. International buyers accounted for approximately 1.7% of all existing-home sales.<\/p>\n

The median purchase price was $465,000, down from the record $494,400 reported a year earlier.<\/p>\n

Florida attracted 20% of the nation\u2019s international buyers. California was second at 19%. Texas accounted for 12%, while New Jersey and Georgia each received 4%.<\/p>\n

\"foreign-homebuyers-florida-by-the-numbers.jpg\"<\/p>\n

Foreign buyers purchased 67,100 U.S. homes totaling $45.3 billion, with Florida remaining the leading destination. Islander News graphic; source: National Association of Realtors. Islander News graphic<\/p>\n

Photo by Jodi Jacobson\/Getty Images Signature via Canva Pro.<\/p>\n

The national downturn contrasts with separate South Florida data released in January. The MIAMI Association of Realtors reported<\/a> that international buyers purchased $4.4 billion in South Florida residential property during its 2025 reporting period, up from $3.1 billion the year before. Purchases increased from 4,000 to 5,300 properties.<\/p>\n

Miami-Dade accounted for 73% of those South Florida international transactions and approximately $3.2 billion in sales. About 45% of Florida\u2019s international home purchases occurred in the Miami-Fort Lauderdale-West Palm Beach market.<\/p>\n

The two studies cover different periods and populations, but together they suggest South Florida continued to attract international capital even as foreign buying slowed nationally.<\/p>\n

Canada returned as the leading source of foreign buyers nationwide, accounting for 16% of purchases. Mexico followed with 14%, while China ranked third with 11%.<\/p>\n

Chinese buyers, however, spent the most, $7.6 billion, with an average purchase price of approximately $1 million. In South Florida, Colombia and Argentina were the largest sources of international buyers.<\/p>\n

Nearly half of foreign buyers nationwide, 48%, paid cash, compared with 28% of all existing-home buyers.<\/p>\n

NAR Chief Economist Lawrence Yun said the decline mirrored a reduction in international visitors. High home prices, limited inventory, immigration concerns and geopolitical uncertainty also caused some buyers to delay purchases, according to Realtors surveyed for the report.<\/p>\n

Even a slightly weaker U.S. dollar, which increased buying power for some international purchasers, was not enough to reverse the national decline.<\/p>\n","protected":false},"excerpt":{"rendered":"Foreign buyers purchased fewer U.S. homes and spent nearly $11 billion less than a year earlier, but Florida,…\n","protected":false},"author":2,"featured_media":365534,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[35094,148389,148391,148390,148383,148384,225,227,226,148387,148385,126,1730,123,148382,148386,948,53773,148388,875],"class_list":["post-365533","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hialeah","tag-brickell-real-estate","tag-cash-homebuyers","tag-cash-homebuyers-key-biscayne","tag-cash-homebuyers-miami","tag-florida-foreign-homebuyers","tag-florida-foreign-homebuyers-miami","tag-hialeah","tag-hialeah-headlines","tag-hialeah-news","tag-international-home-sales","tag-international-real-estate-buyers","tag-key-biscayne","tag-key-biscayne-real-estate","tag-miami","tag-miami-home-buyers","tag-miami-international-real-estate-buyers","tag-miami-real-estate","tag-miami-dade-real-estate","tag-nar-foreign-buyer-report","tag-south-florida-real-estate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/365533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=365533"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/365533\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/365534"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=365533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=365533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=365533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}