Story perspectives

Foreign Home Investment Soars Despite Sluggish Sales

8/23/2025

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Summary

Story summary

Foreign buyers invested $56 billion in U.S. homes from April 2024 to March 2025, a 44% increase but the second-lowest since 2009.
China led foreign purchases at 15%, followed closely by Canada at 14%.
Southern California's home sales were sluggish, with June 2025 recording the second-lowest sales since 2005, despite a 50% inventory increase.
The median home price in Southern California reached $835,000, a 3% year-over-year rise, worsening affordability.
Canadian buyers favored cheaper properties, averaging $437,500 in 2025, a 32% decrease from 2024.

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Story summary

Foreign buyers invested $56 billion in U.S. homes from April 2024 to March 2025, a 44% increase but the second-lowest since 2009.
China led foreign purchases at 15%, followed closely by Canada at 14%.
Southern California's home sales were sluggish, with June 2025 recording the second-lowest sales since 2005, despite a 50% inventory increase.
The median home price in Southern California reached $835,000, a 3% year-over-year rise, worsening affordability.
Canadian buyers favored cheaper properties, averaging $437,500 in 2025, a 32% decrease from 2024.