Foreign Buyer Purchases in US Housing Market Plummet

Purchases of US homes by foreign buyers have sharply declined by 76% from their peak, with significant drops from Chinese, Canadian, and British buyers impacting key submarkets.

5 Aug, 17:16 — 5 Aug, 17:16

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wolf-streetMixed29d ago

Another Hit to Demand in the Housing Market: Purchases by Foreign Buyers Have Plunged by 76% from Peak

Purchases by Chinese, Canadian, and British buyers have collapsed. Foreign buyers matter in some key submarkets.

By Wolf Richter

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Foreign Buyer Purchases in US Housing Market Plummet

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Another Hit to Demand in the Housing Market: Purchases by Foreign Buyers Have Plunged by 76% from Peak

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