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Chinese Turn from T-Bills to Real Estate, Surpass Canadians

Chinese Turn from T-Bills to Real Estate, Surpass Canadians

| Aug 26, 2015 | Housing Market

Just done reviewing the 2015 National Association of Realtors’ Profile of Home Buying Activity of International Clients. There are definitely a few interesting statistics in there. For example, while the number of units sold international slightly declined, the average purchase price was up — and at $499,600, if you’re a Real estate agent who wants to up his average price, you may want to target foreign buyers. Also, for the first time, Chinese buyers surpassed Canadians, purchasing $28.6 billion worth of property.

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