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
Catherine Yang
Updated:
0:00

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.

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