Renminbi Realty
12/15/2015 |
While the Chinese economy is cooling, Chinese buyers are pouring into US real estate. In 2015, their $30 billion in purchases will equal all purchases by Canadians, Indians, Mexicans, and the British, the next four most popular nationalities. Chinese buyers also account for the most number of transactions with 16% of foreign purchases, followed by Canadians at 14%. The most popular state for Chinese purchases: California by a country mile.