International investment in the U.S. housing market dropped by 9.6% compared to the previous year, with 84,600 properties purchased between April 2022 and March 2023, marking the lowest number since 2009. These purchases totaled $53.3 billion. Lawrence Yun, the chief economist of the National Association of Realtors (NAR), attributes this decline to limited housing…

Following a long lull, Chinese buyers once again dominated foreign purchases of U.S. homes in recent months, according to a new report. In the 12-month period between April 2022 and March 2023, Chinese buyers accounted for 13% of all foreign buyer purchases, according to NAR survey data. Most Chinese buyers are now purchasing U.S. homes for their own…