Foreign Investment in US Housing Hits 15-Year Low

Strong dollar and rising costs deter international buyers, leading to a significant decline in foreign-owned properties.

Foreign purchases of US homes fell 36% to 54,300 units in the past year, the lowest since 2009.
Total spending by international buyers dropped by 21.2% to $42 billion.
Chinese buyers remained the top spenders, despite a 40% reduction in their investments.
Canadians purchased the most units, accounting for 13% of foreign home transactions.
High prices and tight supply, coupled with a strong US dollar, are major factors in the decline.