Foreign Purchases of U.S. Homes Fall to New Low

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Overseas purchases of U.S. houses slid for a fifth straight yr because the pandemic continued to restrict worldwide journey and the dollar strengthened.

Foreigners purchased 98,600 U.S. houses within the yr led to March, down 7.9% from the prior yr, based on a report launched Monday by the Nationwide Affiliation of Realtors. That’s the lowest degree on report since NAR started accumulating the information in 2009.

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