High Home Prices Hamper Foreign Buyers
The 54,300 existing homes international clients bought from April 2023 to March 2024 is 36% fewer annually.
The 54,300 existing homes international clients bought from April 2023 to March 2024 is 36% fewer annually.
Number of existing homes bought by international buyers declined to 84,600 – the fewest since 2009.
The increase to nearly $60 billion breaks a three-year-long streak of decline.