Foreign buyers purchased $74 billion worth of U.S. existing homes from April 2019 through March 2020, a 5 percent decrease from the previous 12 months, according to a new survey from the National Association of Realtors (NAR).
Foreign buyers purchased 154,000 properties, down 16 percent from the prior year, NAR’s 2020 Profile of International Transactions in U.S. Residential Real Estate survey showed.
Read on for more survey highlights and reaction from NAR leaders.
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