The newest report from Juwai.com divulged that Chinese Americans outspent mainland Chinese buyers by nearly 5 to 1 in 2014, reports World Property Journal (24 August 2015). Chinese Americans splurged US$105.5 billion in US real estate, compared to US$22 billion from mainland Chinese. According to the report, 61% of Chinese Americans do not speak English, and use the same media and information channels as mainland buyers to research property. "This research shows that Chinese Americans outstrip US median household income by 31%. They spend more on real estate and often are more comfortable using Chinese language media to find their property and contact agents," said Andrew Taylor, co-CEO of Juwai.com. "That's why we at Juwai.com know so much about them”.
