The US is unlikely to take further steps this year to curb the impact of foreign ownership of homes, reports Mortgage Professional America (6 July 2018). According to the recently published Foreign Buyer Restrictions Report 2018-19 from Juwai.com, the world will see fewer restrictions imposed in the top Chinese property destinations in the coming year, compared to the past three years. Juwai data further revealed that the most popular destinations for Chinese property buyers in the US are Seattle, Los Angeles, New York, Houston, and Orlando. Despite the trade dispute, Juwai.com CEO Carrie Law believes that the US should remain favorable with China homebuyers. “The United States offers the freest market, the largest market, and the most diverse market of any major investment destination for Chinese property buyers,” said Law.
