International Buyers Spent $56 Billion on U.S. Real Estate in the Past Year: Report
After several years of pandemic-related uncertainty and shifting economic tides worldwide, buyers from abroad are diving back into the market—and they're spending like never before. In the past year alone, foreign investors snapped up a record $56 billion worth of American homes, marking a 33 percent increase over the previous year and one of the most significant surges in recent history.
More from Robb Report
Baglietto Just Launched a Beautiful Blue Superyacht
Breitling and Soccer Star Erling Haaland Teamed up on a Limited-Edition Watch Collection
Jefferson's Just Brought Back One of Its Best Bourbons
Global buyers are making bold moves coast to coast, nabbing everything from sprawling beachfront estates in Florida to sleek urban condos in California's most desirable neighborhoods. According to the National Association of Realtors' 2025 International Transactions in U.S. Residential Real Estate report, these investors purchased 78,100 properties between April 2024 and March 2025—a 44 percent jump from the year before. Meanwhile, the median purchase price hit a record $494,400, underscoring the strong demand for upscale homes.
RELATED: High-End Real Estate Is on a Hot Streak in Prime U.S. Markets, New Reports Say
Florida remains the crown jewel, drawing more than one in five international buyers. The state's sun-soaked lifestyle, favorable tax policies, and an unmatched inventory of luxury properties—from oceanfront mansions to golf-course retreats—make it a perennial favorite. California follows closely behind, along with Texas, New York, and Arizona, which round out the top five destinations for foreign buyers. Notably, nearly half of these international buyers paid cash, compared to just 28 percent of domestic buyers. High prices and elevated mortgage rates have pushed many to come prepared with substantial funds on hand, particularly when eyeing premium properties.
So, who's doing all the purchasing? Chinese buyers led the way, spending $13.7 billion on nearly 12,000 homes. They're followed by buyers from Canada, Mexico, India, and the U.K. Just over half of these buyers already live in the U.S.—recent immigrants or visa holders—while the rest are purchasing from abroad. Some are looking to settle down, others are investing in vacation homes or rental properties.
RELATED: Luxury Home Sales Are Skyrocketing Thanks to All-Cash Buyers
The reasons behind this buying frenzy are clear. For starters, the U.S. is seen as a safe bet. Property rights are strong, the housing market is diverse, and the overall economy remains relatively stable, especially compared to some international markets. And while some buyers are chasing the dream of a sunny second home, others see it as a smart place to store their money.
Bottom line: the world's wealthiest are still putting their cash into American real estate, and luxury markets are feeling the boost. For sellers, brokers, and developers, this global demand is shaping the high-end housing landscape in a big way.
Best of Robb Report
The 10 Priciest Neighborhoods in America (And How They Got to Be That Way)
In Pictures: Most Expensive Properties
Click here to read the full article.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Wire
an hour ago
- Business Wire
LSI Industries Announces Fiscal 2025 Fourth Quarter and Full-Year Results Conference Call Date
CINCINNATI--(BUSINESS WIRE)--LSI Industries Inc. (Nasdaq: LYTS, 'LSI' or the 'Company'), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it will issue fiscal 2025 fourth quarter and full-year results before the market opens on Thursday, August 21, 2025. A conference call will be held that same day at 11:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of LSI Industries' website at Individuals can also participate by teleconference dial-in. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software. Details of the conference call are as follows: To listen to a replay of the teleconference, which subsequently will be available through September 4, 2025: ABOUT LSI INDUSTRIES Headquartered in Cincinnati, LSI is a publicly held company traded over the NASDAQ Stock Exchange under the symbol LYTS. The company manufactures advanced lighting, graphics and display solutions across strategic vertical markets. The company's American-made products, which include non-residential indoor and outdoor lighting, print graphics, digital graphics, refrigerated and custom displays, help create value for customer brands and enhance the consumer experience. LSI also provides comprehensive project management services in support of large-scale product rollouts. The company employs approximately 2,000 people at 19 manufacturing plants in the U.S. and Canada. For details on the uncertainties that may cause our actual results to be materially different than those expressed in our forward-looking statements, visit as well as our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q which contain risk factors.


NBC News
an hour ago
- NBC News
Trump reaches tariff deal with South Korea and Witkoff addresses Gaza crisis: Morning Rundown
Donald Trump has announced tariff rates for several countries as his Friday negotiation deadline nears. Pressure to address the humanitarian crisis in Gaza builds. And why some states are passing laws requiring app stores to ask for a user's age. Here's what to know today. Trump announces tariff deals as deadline approaches President Donald Trump has announced last-minute trade agreements with South Korea and Pakistan, just a day before his Aug. 1 tariff deadline. The president said South Korean imports would face a 15% tariff after the country made "an offer to buy down" the 25% duty level he had previously set. Trump said South Korea would give $350 billion "for investments owned and controlled by the United States," and $100 billion of liquefied natural gas "or other energy products." South Korean President Lee Jae-myung confirmed the agreement yesterday evening. This morning, the United States and Pakistan said they had clinched a deal that Islamabad described as leading to lower tariffs on its exports, while Trump trumpeted a pact to help develop the South Asian nation's oil reserves. Neither mentioned the tariff rate agreed. The president yesterday said imports from India face a hiked tariff rate of 25%, along with an unspecified penalty for what he said was an over-reliance on Russian energy and military equipment. U.S. tariffs on goods from Brazil will be raised from 50% to 90%, Trump said, as his administration sanctioned the judge overseeing the cases for former President Jair Bolsonaro for allegedly plotting a coup. Tomorrow marks a trade negotiation deadline that Trump said 'stands strong' and 'will not be extended,' months after he initially threatened tariffs on April 2, a day he deemed 'Liberation Day.' As tariff rates are paid by those importing goods to the U.S., higher tariffs make it nearly certain that American households will pay higher prices for the everyday goods that are made overseas. American consumers face an effective tariff rate of 18.2%, the highest since 1934, translating to a loss of as much as $2,400 per household in 2025, according to the Yale University Budget Lab. Trump's tariff plan is headed to court today, where a panel of 11 judges in New York will hear arguments from the administration, as well as two small businesses that say many of his import duties are illegal. The businesses argue that Trump's use of the International Emergency Economic Powers Act of 1977 was illegal and that he has 'no authority to issue across-the-board worldwide tariffs without congressional approval.' All of Trump's tariffs on major trading partners, including Canada, Mexico, and several other countries, have been deployed using the law. Meanwhile, the Federal Reserve left its key interest rate unchanged, though two Trump-appointed board officials dissented from the decision, which has not occurred in more than three decades. Fed Chair Jerome Powell said that while the economy remains solid, it's too early to tell how tariffs will affect it. The family of Virginia Giuffre, a survivor of Jeffrey Epstein's sexual abuse who has since died, urged Trump not to consider clemency of the financier's co-conspirator, Ghislaine Maxwell. Texas Republicans released a proposed congressional map that would give Republicans a path to gaining five seats in next year's midterm elections. Federal authorities arrested an Ohio man in connection with a 90-second, expletive-laden voicemail threatening to kill Rep. Jim Jordan over potential cuts to Medicaid. Hunger in Gaza reaches 'tipping point' Experts and advocates say the hunger crisis in Gaza has reached a 'tipping point,' with deaths expected to soar if Palestinians do not get urgent relief. And the children who do survive malnutrition will face lifelong consequences. The 'window to prevent mass death is rapidly closing, and for many it's already too late,' said Kiryn Lanning, senior director of emergencies of the International Rescue Committee (IRC), a U.K.-based humanitarian organization. The World Health Organization warned that the 'health and well-being of an entire future generation' was at stake. Doctors and aid workers inside Gaza, themselves overworked and underfed, have been warning for months about the critical lack of food and the spiraling cost of the little that was available due to Israel's offensive and crippling aid restrictions. They say that their worst fears are coming to pass. Trump's special envoy, Steve Witkoff, will travel to Israel today to address the humanitarian crisis in Gaza, a senior official said, as some of the president's Republican allies and many Democrats call on him to expand food assistance to the enclave and put more pressure on the Israeli government to reach a ceasefire deal. Witkoff pulled his negotiating team from Doha, Qatar, last week after he said the latest response from Hamas showed 'a lack of desire to reach a ceasefire.' Witkoff's trip to the Middle East comes a day after Canada said it plans to recognize a Palestinian state in September, joining the U.K. and France in making a symbolic announcement signaling a broader shift against Israel's policies. 'The level of human suffering in Gaza is intolerable,' Canadian Prime Minister Mark Caney said. Trump has been more outspoken this week about the crisis in Gaza. Since Israel announced a 'tactical pause' in military operations in Gaza last weekend, more than 320 trucks of aid have been collected and distributed by the U.N. and other international organizations, and at least 260 trucks were in Gaza, according to the Israeli military. Read the full story here. The Harvard Divinity School's Religion and Public Life program was launched five years ago with the goal of advancing the 'public understanding of religion in service of a just world at peace.' The program ran annual trips to Israel and the occupied West Bank, a reason several students said they joined the school. But the trip and a related course on the Israeli-Palestinian conflict were put on pause in March amid what the school described as 'substantial adjustments' to Religion and Public Life. All three of the program's leaders and most of its staff have left or not had their contracts renewed amid internal and external allegations of antisemitism against the program. Religion and Public Life will continue to operate under new leadership this fall, but with vast changes. The program's gutting comes at a critical time, when Harvard has been accused by the Trump administration of failing to root out antisemitism and threatened with a loss of federal funding. However, public scrutiny predates the current presidential term. Former faculty of the program, speaking publicly for the first time, shed light on how it fell apart — and what it could portend for the future of free speech on campuses. Read the full story here. Read All About It A suspect was arrested in the killing of an Arkansas couple during a hike with their two young daughters at Devil's Den State Park. Twenty-five people were taken to hospitals after a Delta flight headed from Utah to Amsterdam experienced 'significant turbulence' and had to land in Minneapolis. The gunman who killed four people at a New York City office building purchased an AR-15-style rifle used in the attack from a former co-worker for $1,400, sources said. Meanwhile, former classmates and a coach said the suspect was once a 'disciplined' athlete. A man poured gasoline on a Virginia city councilmember and set him on fire in an attack that police said 'stems from a personal matter.' A type of HPV regularly found on the skin was newly identified as a cause of skin cancer, according to a new report. Kids' safety online has gotten a lot of attention recently. There has been a congressional debate over legislation, state laws about social media age limits and a Supreme Court ruling on age checks for pornographic websites. But in speaking with sources, I heard about an under-the-radar trend: the idea of putting app stores on the hook for verifying people's ages. Three states have passed laws that, starting next year, would require companies like Google and Apple to ask people's ages when they create app store accounts. Singapore has done the same. The issue has split the tech industry into warring factions, and civil liberties advocates say these laws will put another nail in the coffin of a free internet. — David Ingram, tech reporter NBC Select: Online Shopping, Simplified Pickleball can be incredibly addicting and fun, but make sure you lace up with the proper footwear or else you could risk injury. These shoe options for men and women will keep your feet and ankles well protected. Plus, more than 600,000 Frigidaire mini fridges have been recalled — here's what to know.


Newsweek
an hour ago
- Newsweek
Trump Was Right About Coca Cola. But Replacing Corn Syrup with Sugar Won't Be Cheap—or Easy
Advocates for ideas and draws conclusions based on the interpretation of facts and data. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Coca‑Cola recently announced it will launch a new soft drink made with cane sugar in the United States this fall, a quiet confirmation of what President Donald Trump loudly teased on social media days earlier. Trump claimed he convinced Coca‑Cola to bring back "real" sugar. Whatever is true or fabricated, the move is nonetheless real. And it's revealing. The Make America Healthy Again (MAHA) movement was a large piece of Trump's coalition last year. This will be seen as another win. But while cane sugar may be coming back into our cans or bottles, it won't come cheap. This isn't just a product tweak. It's a flashpoint in a decades-long battle over U.S. food policy; one that's left our food supply warped by subsidies, protected markets, and artificially cheap corn. A bottle of Coca-Cola imported from Mexico is displayed on a table on July 17, 2025, in Austin, Texas. A bottle of Coca-Cola imported from Mexico is displayed on a table on July 17, 2025, in Austin, the last 50 years, America has made it easier, and cheaper, for companies to use high-fructose corn syrup (HFCS). Through generous subsidies, guaranteed price supports and ethanol mandates, the federal government made corn the king of American agriculture. The result: HFCS replaced sugar in sodas by the mid-1980s, not because it was healthier or tastier, but because it was profitable. For many families, especially those navigating corn allergies, these policy choices aren't abstract. They make grocery shopping and dining out a daily challenge. Meanwhile, sugar, particularly cane sugar, was moving in the opposite direction. Since the 1934 Sugar Act, the U.S. has propped up domestic sugar prices through a rigid mix of tariffs, import quotas, and price guarantees. Today, these policies still function under a system of tariff-rate quotas: a small amount of sugar can be imported cheaply, but any excess triggers crushing tariffs. That's why U.S. sugar routinely costs 50 percent to 100 percent more than world prices. These mismatched policies built the industrial food system we live in today, one where the cheapest ingredients aren't always the best ones, but the ones most politically favored. Coca‑Cola's move to add a cane sugar variant isn't just a marketing play. It's a test of consumer demand, public perception, and logistical feasibility in an ecosystem where corn is subsidized and sugar is protected. If Americans embrace this sugar-sweetened version, it could signal a slow unraveling of the status quo, or at least force policymakers to confront the costs baked into it. But it won't be simple. Sugar is more expensive, and Coca‑Cola knows it. Analysts estimate the switch could add hundreds of millions of dollars to its ingredient costs if scaled broadly. Domestic cane sugar supply is limited, concentrated in Florida and Louisiana. And the moment a company tries to import more, it slams into tariff walls. That, and the fact that its harvest season is short, is not a recipe for scale. Still, the public appetite is real. A MarketWatch survey found three out of four Coke drinkers prefer cane sugar to HFCS. They want what they remember from childhood, or what they've tasted in imported Mexican Coke. But until policy shifts, this new sugar-sweetened soda is likely to remain a high-end option, not the new norm. So Trump and MAHA friends may have gotten the headline and the shift in the right direction, but the real story is policy. And that will be a bigger lift. If we want more real sugar in our foods, or if we want market forces to shape food production instead of government favoritism, we need to rethink how we regulate both corn and sugar. That means ending distortions on both sides: winding down corn subsidies while phasing out sugar protections. Until then, our choices at the grocery store will continue to be shaped more by Washington than by what we actually want to eat or drink. Brett Kittredge is the director of marketing and communications at the Georgia Public Policy Foundation. The views expressed in this article are the writer's own.