Foreign homebuyers are coming back to the U.S. in a big way, according to a new report from the National Association of Realtors (NAR).<\/p>\n
The association found that foreign buyers bought $56 billion worth of existing homes in the U.S. between April 2024 and March 2025. That is a 33.2% increase from the previous 12-month period. International buyers bought a total of 78,100 properties, an increase of 44% from the year before when 54,300 properties were purchased. It was also the first year-over-year increase since 2017.<\/p>\n
NAR found that the median purchase price for foreign buyers during the 12-month period ending in March reached a record high of $494,400, up 4.1% from $475,000 during the previous 12-month period.<\/p>\n
The information came from NAR\u2019s 2025 International Transactions in U.S. Residential Real Estate <\/a>report, which surveyed members about transactions with international clients who purchased and sold U.S. residential properties from April 2024 through March 2025. The report\u2019s data was gathered before new tariffs<\/a> were announced in April of this year.<\/p>\n Those from other countries who reside in the U.S. as recent immigrants or who were holding visas that allowed them to live in the U.S. accounted for 43,700 of all foreign purchases, or 56%, worth $26.9 billion. Foreign buyers who live abroad purchased 34,400 homes, 44% of the total, worth $29.1 billion.<\/p>\n Buyers originally from China accounted for 15% of the purchases. They bought 11,700 homes for a total cost of $13.7 billion. Canadian buyers made up the next largest group, accounting for 14% of foreign home purchases, or 10,900 properties, for a cost of $6.2 billion. The third-largest group was from Mexico, which accounted for 8% of foreign purchases, followed by India (6%) and the United Kingdom (4%).<\/p>\n Florida residential properties were the most popular, accounting for 21% of homes purchased by foreign buyers. California was next, accounting for 15% of the homes purchased by foreign buyers. The Golden State was followed by Texas (10%), New York (7%) and Arizona (5%).<\/p>\n