The fastest growing group of buyers of residential real estate in the United States are Chinese buyers, reports The Real Estate Professional (2 March 2012). Chinese buyers are buying properties fast all across major cities in the US, such as Los Angeles, San Francisco and New York. In 2011, Chinese buyers invested more than $10 billion in US properties – surpassing the Indians, British and Mexicans to come up close behind the Canadians. Already, the Chinese are the top foreign buyer group in both West Virginia and Massachusetts, and rank second They in New York, Maine, Indiana, Missouri, Colorado, Wyoming and Hawaii. As the No. 1 property portal for Chinese buyers, Juwai.com – with its more than 1 million property listings from over 80,000 agents and developers in the USA and 28 other countries – has already been embraced by Chinese buyers seeking properties abroad.
