China, Canada Lead Spending Spree on U.S. Real Estate, Report Finds

The Center Square (Brett Rowland), The Star News Network

China and Canada led the ranks of foreign buyers snapping up U.S. homes. Foreigners

bought $56 billion worth of existing U.S. homes from April 2024 through March 2025, according to the National Association of Realtors 2025 International Transactions in U.S. Residential Real Estate report. That’s a 33.2% increase over the previous year. International buyers bought 78,100 properties, up 44% from the prior year and the first year-over-year increase since 2017. The median purchase price for foreign buyers was $494,400, a record high.