Chinese Buyers Are Spending Big Bucks On Homes In The U.S.

Printer-friendly version
August 01, 2017

Wealthy Chinese investors are leaving high-rises in densely-packed cities and buying high-end suburban homes in affluent areas across the U.S.

CityLab reports that Chinese buyers spent an average of $781,801 on homes in the U.S. over the last year, $200,000 more than buyers from other leading countries. California and New York are the most popular state for Chinese buyers, but Texas, Virginia, Florida, and Indiana are becoming more common destinations, too.

Additionally, buying properties in the U.S. allows Chinese investors to diversify their portfolio in the case of a market crash in China.

Read more

Comments on: "Chinese Buyers Are Spending Big Bucks On Homes In The U.S."

July 2017

This Month in Professional Builder


Ashton Woods launched Starlight Homes to target entry-level home...

Overlay Init