China’s borders have recently reopened for the first time since the beginning of the pandemic, allowing the world’s largest source of tourists and potential international homebuyers to travel freely around the globe.
The United States is the second-most popular home-buying destination for Chinese buyers, according to Juwai IQI, one of the largest global real estate platforms with almost 13 million monthly consumer engagements; Australia holds the top spot on the firm’s top five destination nations, followed by Canada in third, Japan in fourth, and Thailand in fifth.
“China is going from virtually sealed off to nearly wide open in just a couple of weeks,” said Kashif Ansari, chief executive of Asian real estate technology group Juwai IQI. “This will be the first opportunity for most Chinese to visit overseas real estate markets in three years.
