International buyers of US homes have fallen to the lowest since 2009, the National Association of Realtors says

• The US housing market has remained tight in 2023 – despite the Fed's steep interest-rate increases.
• Fewer foreign buyers are entering the market than ever, according to a report by the National Association of Realtors. 
• A supply shortage, dollar strength, and difficulties in obtaining financing are among reasons cited for the decline. 

The US housing market has remained remarkably resilient this year, weathering the storm of the Fed's aggressive policy-tightening that has seen interest rates surge more than 500 basis points since early 2022.