Foreign Buyer Activity in New York: Key Insights from NAR’s 2025 Report

According to the National Association of REALTORS® 2025 International Transactions in U.S. Residential Real Estate report, New York ranks #3 among all U.S. states for foreign buyer activity, accounting for 7% of international residential real estate purchases. That translates to an estimated $2.9 billion in foreign real estate investment in New York over the past year alone.

Who’s buying in New York?

Top foreign buyers include:

• China (9%)

• Canada (5%)

• United Kingdom (5%)

• India (3%)

Where are they coming from?

The majority of foreign buyers in New York originate from:

• Asia/Oceania (46%)

• Latin America/Caribbean (26%)

• Africa (10%)

• North America (10%)

• Europe (8%)

What’s the trend?

Foreign buyer activity in New York has grown from 4% in 2010 to 7% in 2025, with a notable upward trend since 2023, reflecting renewed global interest in the market.

What This Means for LIBOR Members

This isn’t just a market snapshot—it’s a business opportunity. Foreign buyers are often cash-ready, with 50% of transactions paid in full. Many are purchasing primary residences, or investing in suburban and resort areas—making Long Island and the greater New York region highly attractive.

As a Long Island Board of REALTORS® member, you can use this insight to:

• Identify high-potential global client sources
• Target your marketing to the most active regions
• Leverage international referral networks
• Increase your transactions with foreign buyers

Use this insight to fuel your business growth. Join LIBOR’s Global Network to connect with international partners and unlock new business opportunities: lirealtor.com/global

Read NAR’s full report: 2025 NAR International Report (PDF)

Shared with permission from the National Association of REALTORS®.