15-year low foreign investment in US homes due to low supply, high prices, and strong USD.

Foreign investment in US homes has reached a 15-year low, with low housing supply and high prices causing a significant drop in foreign buyers for the seventh consecutive year. The National Association of Realtors' report indicated that foreign-born individuals with permanent US residencies accounted for 45% of homes purchased for rental or vacation use. The strong US dollar against foreign currencies makes properties more expensive for potential foreign investors, contributing to the decline in US home sales.

July 17, 2024
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