As we reported in January 2017, the Association of Foreign Investors in Real Estate released a survey that month indicating that 95% of international investors “will maintain or increase their investment in the US” real estate market in 2017.
Yesterday, the overseas property investment site Juwai.com shared news suggesting that China will continue to lead the international surge.
“2016 was the first time in history that Chinese buyers acquired more than $100 billion of international real estate,” says Sue Jong, chief of operations for Juwai.com. “The 2016 total represents a 25.4 percent increase over 2015 and an 845 percent increase over five years. For the Chinese buyer, the United States is a near-perfect market. The United States received more than $50 billion, the greatest share of total mainland Chinese real estate investment, last year.”
Peter Corrado
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