Chinese buyers expand their reach in the US housing market as the middle class gets in on the act

Published Tuesday, January 8, 2019 3:54 pm
by Diana Olick

Chinese consumers may have soured on some American products, like iPhones, but they have only sweetened on U.S. residential real estate.

They have been the top foreign buyers in both units and dollar volume of residential housing for six years straight, according to the National Association of Realtors, and now they expanding to new, lower price tiers.