This article is contributed by Shan Saeed, a Global Chief Economist at Juwai IQI, a leading proptech company operating and advising clients in Kuala Lumpur, Indonesia, Dubai, and more.
Shan has over 22 years of solid financial market experience in the areas of private banking, risk/compliance management, commodity investments, global economy, branding and business strategy.…
International investment in the U.S. housing market dropped by 9.6% compared to the previous year, with 84,600 properties purchased between April 2022 and March 2023, marking the lowest number since 2009. These purchases totaled $53.3 billion.
Lawrence Yun, the chief economist of the National Association of Realtors (NAR), attributes this decline to limited housing…
Following a long lull, Chinese buyers once again dominated foreign purchases of U.S. homes in recent months, according to a new report.
In the 12-month period between April 2022 and March 2023, Chinese buyers accounted for 13% of all foreign buyer purchases, according to NAR survey data.
Most Chinese buyers are now purchasing U.S. homes for their own…
The US has a ‘friendlier, more rational’ image, which has sparked a fresh wave of interest from property investors in Asia.
The United States is back on top as the most searched location by Asia-based buyers in 2020. Having slipped down to fourth place in 2019, it appears that caution around US-Sino trade tensions was…