US homes remain an attractive investment for Chinese buyers, according to Wall Street Journal. Asian buyers have mainly focused on Los Angeles, San Francisco and Las Vegas. China is the fastest-growing buyer segment, while Canada still accounts for the largest share of sales. Chinese buyers see American housing markets as a bargain and a stable investment in light of political instability in China.
International money remains a driver in our market. Summer is a busy season for international buyers in our area. They come for the summer, put their kids in camps, gather information on local real estate, buy a house, then return to China.
