Decrease in Foreign Buyers Acquiring Higher-Priced US Resale Properties

In a recent report on foreign buyer trends in the US housing market, Chinese buyers stood out with the highest average purchase price at $1.3 million. The data indicated a shift in behavior among foreign buyers, who are purchasing fewer but more expensive existing homes in the US.

Key Points:
– Chinese buyers lead with the highest average purchase price of $1.3 million
– Foreign buyers are purchasing fewer existing homes in the US
– Overall trend shows foreign buyers opting for more expensive properties in the market

For more information on this trend of foreign buyers purchasing fewer but more expensive US existing homes, you can read the full article on Weekly Real Estate News.

You can read this full article at: https://wrenews.com/foreign-buyers-purchasing-fewer-but-more-expensive-us-existing-homes/

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