According to the National Association of Realtors and data cited by the Wall Street Journal, Chinese investors made up 16 percent of all international buyers of U.S. real estate. This marks a 12 percent increase from 2013 and it’s the first time the Chinese officially surpassed Canadians as the largest foreign buyers of homes in the U.S. The majority of purchases were of single-family homes and condominiums. Canadians represented just 14 percent of international buyers, a 23 percent drop from 2013, while Mexicans buyers came in at 9 percent. Chinese buyers also spent the most on real estate, parting with $28.6 billion in the year ending in March 2015 while Canadians paid out $11.2 billion.
