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.
This Week’s Top Stories: Capital Controls Are Still Halting Chinese Buyers, Toronto’s Inventory Is Spiking While Sales are Falling, and Suburban Vancouver Is Seeing Detached Prices Rise…Again
Toronto real estate might be turning a corner, Mainland Chinese buyers aren’t exchanging yuan, and Vancouver is seeing higher prices again.
Capital Controls Continue To Halt Mainland Chinese Real Estate Buyers
China’s FX reserves hit a five month high, and real estate markets dependent on Mainland Chinese buyers are noticing the lack of spending.
Founders of China’s Largest International Real Estate Portal Leave The Game
Still waiting for foreign buyers? Because the founders of Juwai, China’s largest international property portal have just cashed out, so…
Flood of Foreign Buyers In March? Nope. China’s FX Reserves Rise Again
Did foreign buyers run the Canadian real estate market in March? Not likely, since China saw another month of capital inflows, not outflows.
China’s Capital Outflows Just Reversed, Bad News For Global Real Estate
The world’s greatest international real estate binge might be over, as China reports significantly less money left the country last month.
213,649 Reasons Los Angeles’ Measure S Needs To Come To Every Global City
Los Angeles is voting on the most restrictive urban development plan in North America, and every city should be having this debate.
Chinese New Year Sales of Vancouver Real Estate Down 78%
Vancouver real estate saw less than a quarter of the typical buying during the usually busy Chinese New Year period.
Vancouver Real Estate Sees A 91% Decline In Luxury Foreign Buyers
Foreign transactions of luxury real estate in Vancouver are on the decline. Both the number of transaction and median price are dropping.
China’s Capital Controls Could Crash Vancouver Real Estate
Those Chinese buyers that sent Vancouver real estate soaring are having a little trouble getting money out of China these days.
