Foreign Buyers Pull Back as U.S. Home Market Faces Visa Headwinds
The National Association of Realtors reports foreign buyers purchased about 67,100 U.S. homes in the year through March 2026, down 14% in units and 19% in dollar volume, with a median price of $465,000. The decline mirrors softer international travel and a weaker dollar, though the luxury segment remains buoyant in places like Irvine. The biggest drop is among H-1B and other employment-based buyers; Canadians remain the largest foreign-share purchasers, Chinese buyers have fallen to third in transactions but still spend the most on high-end homes, and Florida continues to attract the most international buyers.
