US and UK real estate read by the building, not the broker

Foreign buyers spent 56 billion dollars on US existing homes between April 2024 and March 2025, a 33.2% rebound on the year before. London prices down 2.1% year-on-year in March 2026. The flows have not stopped, the structures around them have changed. Read the building, the tax stack, the board, the insurance bill, then the brokerage.