Chinese Buyers Back Making US Home Purchases After Beijing Ends Lockdowns

Chinese Buyers Back Making US Home Purchases After Beijing Ends Lockdowns
A real estate sign is displayed in front of a house in the Riverdale area of Toronto on Sept. 29, 2021. The Canadian Press/Evan Buhler
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Chinese homebuyers are making a comeback in the United States now that Beijing has lifted its “zero COVID” policy, and they’re showing more interest in homes and vacation residences than investment properties as they did a decade ago, a recent report found.

“Home purchases from Chinese buyers increased after China relaxed the world’s strictest pandemic lockdown policy,” said National Association of Realtors (NAR) Chief Economist Lawrence Yun.

Catherine Yang
Catherine Yang
Author
Catherine Yang is a reporter for The Epoch Times based in New York.
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