The US Has A Foreign Buying Problem, and It’s Not China
Canada tops the list of foreign buyers searching for US real estate. Turns out we’re more likely to keep homes empty than Chinese buyers.
Canada tops the list of foreign buyers searching for US real estate. Turns out we’re more likely to keep homes empty than Chinese buyers.
Toronto real estate might be turning a corner, Mainland Chinese buyers aren’t exchanging yuan, and Vancouver is seeing higher prices again.
China’s FX reserves hit a five month high, and real estate markets dependent on Mainland Chinese buyers are noticing the lack of spending.
Still waiting for foreign buyers? Because the founders of Juwai, China’s largest international property portal have just cashed out, so…
Did foreign buyers run the Canadian real estate market in March? Not likely, since China saw another month of capital inflows, not outflows.
The world’s greatest international real estate binge might be over, as China reports significantly less money left the country last month.
Los Angeles is voting on the most restrictive urban development plan in North America, and every city should be having this debate.
Vancouver real estate saw less than a quarter of the typical buying during the usually busy Chinese New Year period.
Foreign transactions of luxury real estate in Vancouver are on the decline. Both the number of transaction and median price are dropping.
Those Chinese buyers that sent Vancouver real estate soaring are having a little trouble getting money out of China these days.