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Chinese buyers snap up US homes as Americans contend with affordability crisis

On HALO

6 hours ago

A surge of international buyers, mainly from China, have picked up homes in the U.S. over the past year as U.S. households continue to face mounting challenges in the market.The number of existing homes purchased by foreign buyers from April 2024 to March 2025 increased for the first time since 2017, according to a recent report from the National Association of Realtors (NAR). The report highlights that Chinese buyers represented the largest portion of foreign investors in terms of total spending and transaction volume, purchasing $13.7 billion worth of existing homes – an 83% increase from th...

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6 hours ago
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