Foreign Investment in US Surges

Foreign investment in U.S. surges by 33.2% in the past year in Florida, marking the first annual increase since 2017. From April 2024 to March 2025, international buyers snapped up $56 billion worth of existing homes across the country — and Florida once again led the pack.

The Sunshine State attracted 21% of all overseas purchasers, securing its spot as the top destination for global real estate investors, according to a new report from the National Association of Realtors®.

International buyers snapped up 78,100 U.S. properties over the last year as foreign investment in U.S. surges — a 44% jump from the previous year in real estate purchases and the first annual increase since 2017. Even more striking, the median purchase home price hit a record-breaking $494,400 for international buyers, according to NAR figures.

“Global appetite for U.S. real estate is rebounding,” said NAR Chief Economist Lawrence Yun. “As the world recovers from years of pandemic-related disruption, international interest in American homes is on the rise. Yet, elevated prices and high interest rates continue to hold total sales below pre-pandemic levels.”

Florida stood out, topping the list of foreign buyer destinations for the 15th consecutive year fueled in part by a surge in housing inventory. With mortgage rates remaining high, nearly half (47%) of foreign buyers paid in cash, far outpacing the 28% average among all buyers. Many international investors targeted high-end properties, reflecting confidence in the U.S. market and its strong protections for private property rights.

Existing Home Purchases by Foreign Buyers

• • $56 billion: Dollar volume, up 33.2% from $42 billion

• • 78,100: Total purchases, up 44% from 54,300

• • $494,400: Median price, a record high, up 4.1% from $475,000

• • 47%: Share who made all-cash purchases

Top 5 Countries of Origin: Percent share of foreign purchases, existing homes purchased, dollar volume

• • China: 15%; 11,700; $13.7 billion

• • Canada: 14%; 10,900; $6.2 billion

• • Mexico: 8%; 6,200; $4.4 billion

• • India: 6%; 4,700; $2.2 billion

• • United Kingdom: 4%; 3,100; $2 billion

Top 5 U.S. Destinations: Percentage of all foreign buyers

• • Florida: 21%

• • California: 15%

• • Texas: 10%

• • New York: 7%

• • Arizona: 5%