What's Happening?
International homebuying activity in Texas has risen by nearly 9% over the past year, according to the 2025 Texas International Residential Transactions Report. Approximately 7,500 international buyers purchased residential properties in Texas, totaling $4.8 billion in dollar volume. The median price for homes bought by international buyers increased by 12%, reaching $420,800. Mexico remains the top country of origin for international buyers in Texas, followed by Canada, China, India, and Nigeria. Texas ranks third among U.S. states for international home purchases.
Why It's Important?
The increase in international homebuying activity in Texas reflects the state's appeal to foreign investors and homebuyers. This trend contributes to the state's real estate market growth and economic development. However, new legislation set to take effect on September 1, 2025, will restrict property purchases from certain countries deemed national security threats. This could impact future international transactions and alter the dynamics of the Texas real estate market. Stakeholders, including real estate professionals and policymakers, will need to navigate these changes carefully.
What's Next?
With the new legislation restricting property purchases from certain countries, Texas may see shifts in international homebuying patterns. Real estate professionals will play a crucial role in guiding international clients through these changes. The impact of the legislation on the market will be closely monitored, as it could influence future investment decisions and real estate strategies in Texas. Stakeholders will need to assess the long-term effects of these restrictions on the state's real estate market.