Chinese buyers have emerged as the leading group of foreign investors in US residential real estate, acquiring $13.7 billion worth of homes from April 2024 through March 2025. This figure reflects an 83% increase from the previous year, illustrating their response to geopolitical concerns and economic conditions in China. They favor California, which accounts for 36% of their purchases, while 66% of the homes are intended for personal use. The average purchase price among Chinese buyers is $1.2 million, which is notably higher than that of other foreign investors.
Chinese buyers accounted for $13.7 billion in US residential real estate purchases from April 2024 to March, marking an 83% increase from the previous year.
Despite geopolitical tensions and tighter visa policies, Chinese investors are actively seeking overseas assets to hedge against China's economic slowdown.
California drew 36% of Chinese buyers, followed by Maryland and New York at 9%, with 66% of homes intended for personal use.
Chinese buyers purchased approximately 11,700 homes in a year, with average purchase prices reaching $1.2 million, the highest among foreign buyers.
#chinese-buyers #us-residential-real-estate #foreign-investment #california-housing-market #economic-trends
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