International homebuyers infused $634M into Austin-area housing market, report says

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The median home price among international buyers was notably higher than the median price for the area during the survey period.

AUSTIN, Texas — International homebuyers infused $634 million into the Austin-area housing market from April 2020 to March 2021, according to the Austin Board of Realtors‘ (ABoR) 2021 Central Texas International Homebuyers Report. That amount is $200 million lower than the same period the year prior due to the impacts of the COVID-19 pandemic.

ABoR said even though the local housing market hit historical highs in both sales volume and median price over the past year, international home buying and selling activity slowed due to international travel restrictions and economic uncertainty. 

“Over the last year, international buyers showed a…

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