{"id":344533,"date":"2025-09-04T15:58:29","date_gmt":"2025-09-04T19:58:29","guid":{"rendered":"https:\/\/blog.sothebysrealty.com\/?p=344533"},"modified":"2026-02-05T15:58:40","modified_gmt":"2026-02-05T20:58:40","slug":"luxury-lens-are-overseas-buyers-in-the-market-for-luxury-u-s-homes","status":"publish","type":"post","link":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/luxury-lens-are-overseas-buyers-in-the-market-for-luxury-u-s-homes\/","title":{"rendered":"Luxury Lens: Are Overseas Buyers in the Market for Luxury U.S. Homes?"},"content":{"rendered":"

Are overseas buyers in the market for luxury U.S. homes? In short: yes. Overseas buyers bought homes priced at least US$1M at more than twice the rate of U.S. buyers in the year to March 2025, according to analysis by the\u00a0National Association of REALTORS<\/a>(NAR).<\/p>\n

NAR\u2019s\u00a02025 International Transactions in U.S. Residential Real Estate\u00a0report<\/a> plus data supplied directly to Sotheby\u2019s International Realty by NAR found that almost one in five (18%) international purchases fell into this luxury bracket compared with just 8% of overall existing-home sales.<\/p>\n

\u201cForeign buyers generally purchase at higher price points compared to the typical domestic buyer,\u201d says\u00a0Matt Christopherson<\/a>, NAR\u2019s director of business and consumer research.<\/p>\n

As shown below, Chinese buyers spent an average US$1,168,800 per home, with 35% of their purchases topping US$1M. British buyers were the next\u00a0most frequent seven-figure spenders: 23% of their purchases cost US$1M or more.<\/p>\n

\"\"<\/a><\/p>\n

And for many overseas buyers, cash is king. Almost half (47%) of foreign buyers transacted in cash over the same period, compared to 28% of all buyers\u2014with the proportion rising to 71% of Chinese buyers, 61% of U.K. buyers and 57% of Canadian buyers.<\/p>\n

Overall, international buyers spent US$56B on American homes, up almost a third from the previous 12 months. Almost half (47%) bought homes for use as vacation homes, rental properties or both.<\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Are overseas buyers in the market for luxury U.S. homes? In short: yes. Overseas buyers bought homes priced at least US$1M at more than twice the rate of U.S. buyers in the year to March 2025, according to analysis by the\u00a0National Association of REALTORS(NAR). NAR\u2019s\u00a02025 International Transactions in U.S. Residential Real Estate\u00a0report plus data supplied […]<\/p>\n","protected":false},"author":232770370,"featured_media":343626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1395],"tags":[],"class_list":["post-344533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brand-news"],"jetpack_likes_enabled":false,"jetpack_shortlink":"https:\/\/wp.me\/pf4gbL-1rCZ","jetpack-related-posts":[{"id":345929,"url":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/luxury-lens-who-is-buying-homes-in-the-u-s\/","url_meta":{"origin":344533,"position":0},"title":"Luxury Lens: Who is Buying Homes in the U.S.?","author":"Kate Marburger","date":"January 22, 2026","format":false,"excerpt":"It\u2019s a changing picture. 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The final sale price of a home can be\u2026","rel":"","context":"In "Market Insights"","block_context":{"text":"Market Insights","link":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/category\/market-insights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/04\/AdobeStock_517596594.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/04\/AdobeStock_517596594.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/04\/AdobeStock_517596594.jpeg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/04\/AdobeStock_517596594.jpeg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/04\/AdobeStock_517596594.jpeg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.sothebysrealty.com\/extraordinary-living-blog\/wp-content\/uploads\/2025\/04\/AdobeStock_517596594.jpeg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":345315,"url":"https:\/\/www.sothebysrealty.com\/extraordinary-living-blog\/luxury-lens-will-the-interest-rate-cuts-move-the-real-estate-market\/","url_meta":{"origin":344533,"position":2},"title":"Luxury Lens: Will the interest rate cuts move the real estate market?","author":"Kate Marburger","date":"November 7, 2025","format":false,"excerpt":"Two successive cuts to U.S. interest rates have dominated the real estate landscape these past months. 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