Chinese buyers spent $31.7 billion on US real estate between April 2016 and March 2017, reports (25 July 2017). This is according to the National Association of Realtors (NAR), whose recent report once again showed that Chinese buyers are the largest group of international property investors in the US for the fourth consecutive year – 65% who paid all in cash, while 26% paid with a US mortgage. However, foreign buyers are increasingly facing difficulties in securing home loans from US banks. According to Tracy Wu Guanghui, Head of China Engagement at top Chinese property website, some large American banks have made it more difficult for international homebuyers to secure a loan in order to avoid speculative buying in the US.