The US is not the country where Chinese buyers spend the most on average for real estate, reports Inman News (13 May 2015). “It’s because the U.S. is a destination for buyers at every price range. The countries with the most expensive average price for Chinese buyers tend to attract only premium customers,” said Andrew Taylor, Co-CEO of Juwai.com. However, the US remains the No. 1 market in terms of volume of investment. Estimates indicate that New York City alone could see more than US$50 billion injected by Chinese real estate investors.