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Foreign US home buying down 14% as Chinese lead high-end market

The drop in foreign homebuyer activity mirrors the decline in international visitors and tourists to the US, says realty group.

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The drop in foreign homebuyer activity mirrors the decline in international visitors and tourists to the US, says realty group.

Foreign homebuying is near record lows, National Association of Realtors data reveals, and New York isn't even in the top five anymore.