Tuesday, 16 August 2022 | The Latest Buzz for the Appraisal Industry

Foreign Investment in Existing Homes Ends Multi-Year Slide, NAR Reports

Foreign buyers purchased $59 billion worth of U.S. existing homes from April 2021 through March 2022, an 8.5% increase from the previous 12-month period and stopping a three-year skid in foreign investment in U.S. residential real estate, according to a new report from the National Association of REALTORS. Foreign buyers purchased 98,600 properties, down 7.9% from the prior year and the fewest number of homes bought since 2009, when NAR began tracking this data.

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