Foreign buyer interest in U.S. real estate dropped 14% from this time a year ago with about 84,600 units sold for the past 12 months. This is the lowest number of units sold since the National Association of Realtors (NAR) began tracking the number in 2009 due to a higher dollar, higher prices, less inventory and higher interest rates. However, 42% of all purchases were cash with China as the dominate buyer with 13% of all transactions.

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