International Buyers in the U.S. Real Estate Market

According to the latest data from the National Association of Realtors (NAR), international buyers in the U.S. real estate market have decreased to the lowest level since tracking began in 2009. In 2023, the number of international buyers was at 84.6, but it dropped to 54.3 in 2024, accounting for only 1.3% of the Existing Home Sales (EHS). The top origins of foreign buyers in the U.S. real estate market are Canada, accounting for 13% of foreign buyers and $5.9 billion, followed by China at 11% and $7.5 billion, Mexico at 11% and $2.8 billion, India at 10% and $4.1 billion, and Colombia at 4% and $0.7 billion.

Here’s a quick view of the data provided by Compass:

Ready to sell? Know your home’s worth, click here.

Homes for sale in Carmel Valley click here.

Shirin Rezania Ramos | 858.345.0685 | www.shirinramos.com | Compass, DRE 0203379

Next Post

New Aquatics Center at Torrey Pines High School

Mon Jul 1 , 2024
Exciting news for Torrey Pines High School as the construction of its first-ever pool is set to commence this summer. The San Dieguito Union High School District recently approved a […]

Shirin Rezania Ramos, Realtor®

858-345-0685

#Hashtags