According to a report from the National Association of Realtors, sales of existing homes to foreign buyers fell to approximately 67,100 properties from April 2025 to March 2026, marking the second-lowest level since tracking began in 2009. The median price for these foreign purchases was $465,000.
Lawrence Yun, chief economist for the NAR, noted that this decline reflects a broader decrease in international visitors to the U.S., and even a weaker dollar has not spurred increased foreign buying activity.
While overall new home sales to international buyers have decreased, the luxury segment remains robust, particularly in areas like Irvine, California, where affluent buyers from China are purchasing homes with cash.
Scott Wild from John Burns Research & Consulting highlighted that Toll Brothers stands out among public builders for its strong brand appeal to foreign buyers, effectively marketing luxury homes internationally.
The report also indicated that the largest share of foreign purchases came from Canadians, while Chinese buyers, despite a drop in transaction numbers, still led in spending due to their preference for luxury properties. The changing landscape of immigration and visa policies has created uncertainty for highly skilled workers, impacting their home-buying decisions.
Florida continues to be a favored destination for foreign buyers, thanks to its attractive climate and lifestyle