International migration, trade and investment all have an impact in real estate markets by defining the demographic composition of home buyers and contributing to the inflow of funds available for the purchase of commercial and residential real estate. This report uses state-level economic data to analyze trends in the foreign-born population and highlight key economic relationships between states and countries. Additionally, state statistics are compared to national levels to establish the abundance of opportunities with international clients in a given state relative to the country as a whole. This data can be fused to inform strategic planning for primary residence, vacation home, investment rental property, or commercial real estate endeavors.
According to the National Association of REALTORS® 2025 Profile of International Transactions in U.S. Residential Real Estate, foreign buyers purchased $56.0 Billion of residential property during April 2024–March 2025, or 2.5% of the $2.2 trillion of existing home sales during the same period.
Click on a state and download the International Real Estate Transactions report. Each file is approximately 560 KB.
