Particle.news
Download on the App Store
6 ARTICLES
·
last wk.

Foreign Buyers Pour $56 Billion Into U.S. Homes, Led by Chinese Investors

Record all-cash deals from wealthy overseas investors have prompted state and federal measures to limit foreign home purchases.

Image
Image
Image
A map show the 10 U.S. states with the highest share of foreign homebuyers, according to a new report by the National Association of Realtors (NAR).

Overview

  • International spending climbed 33% to a record $56 billion between April 2024 and March 2025, marking the first year-over-year gain since 2017.
  • Chinese nationals accounted for $13.7 billion across 11,700 home purchases, an 83% surge that made them the largest group of foreign buyers.
  • Nearly half of Chinese investors favored all-cash transactions, paying an average of about $1.17 million per property.
  • Over one-third of Chinese acquisitions were in California, with New York capturing 9% of their purchases.
  • Texas has barred nationals from designated security-threat countries from buying agricultural land, and the USDA is moving to block similar acquisitions by foreign adversaries under new federal regulations.