International buyers purchase fewest existing homes on record: NAR
Housing Wire
JULY 17, 2024
Residential Real Estate Report that the number of existing homes purchased by international buyers had fallen 36% year over year to 54,300 homes during the year ending in March 2024. This decrease came even as the average ($780,300) and median ($475,000) purchase prices for foreign buyers were the highest ever recorded by NAR, up 21.9%
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