Foreign Buyers are Cooling on the US Housing Market
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Foreigners are falling out of love with American real estate, but that can't be good for the neighborhood.
A new report from the National Association of Realtors found that foreign purchases of existing US homes fell to a record low in the 12-month period between April 2022 and March 2023. And while international buyers make up a small portion of US home sales, the drop-off is a big indicator of an uncertain market.
Source Fool.com
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