Love it or hate it, but don’t expect to see the flood of Mainland Chinese real estate buyers you saw this time last year.
Turns out Canadian and American millennials are finding the pursuit of homeownership a little more difficult than their Chinese counterparts.
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.
The biggest travel season in history is going down for Chinese New Year, and apparently many of the travelers plan on hunting for property.
Juwai, China’s largest international property portal, has partnered with China’s Tencent to ramp up sales of US and Canadian real estate.
The glory days for Canadian real estate could be coming to an end, as China starts the year with surprising moves to control capital outflows.
Vancouver real estate is so sought after in China, they built their own! Complete with concrete replicas of the city’s historic homes.