Foreign buyers are purchasing U.S. homes at record prices and spending. Nearly half of these purchases are all-cash offers, outbidding American families. Chinese nationals are the leading foreign buyers of American property. This occurs while countries like Canada and China restrict foreign home purchases. Policymakers are debating taxes or bans to curb foreign investment. If you’ve been priced out of the housing market or know someone who has, a new report highlights a startling reason why. Between April 2024 and March 2025, foreign buyers purchased more than 78,000 U.S. homes, spending a staggering 33 percent more than the year before. This surge in international…
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