NAR Library & Archives has already done the research for you. References (formerly Field Guides) offer links to articles, eBooks, websites, statistics, and more to provide a comprehensive overview of perspectives. EBSCO articles (E) are available only to NAR members and require the member's nar.realtor login.
Information From the National Association of REALTORS®
Read more about Chinese home buyers in the 2022 Profile of International Transactions in U.S. Residential Real Estate.
CIPS - Asia/Pacific and International Real Estate Real Estate Course (Center for REALTOR® Development)
Designed for real estate professionals at all experience levels, The Asia/Pacific and International Real Estate course introduces real estate professionals to the basic skills and knowledge necessary to facilitate transactions with clients in the Asia/Pacific region.
Chinese Real Estate Buyers in the United States
Foreign Investors Have Returned to US Real Estate, But Not Where They Traditionally Went (Deloitte, Feb. 28, 2022)
“Prior to 2019, Chinese investors poured $5 billion annually into the US property markets, good for roughly 9% of total global funding sources. Over the past three years, those totals have dried up, even more so since the beginning of the pandemic. Chinese investors are yet to surpass the $1 billion invested since 2018 and notched the lowest point in recent history in 2021 at only $390 million—less than 1% of total international investment activity.”
How to Attract Chinese Buyers to Your Real Estate Project (Digital Crew, Dec. 7, 2021)
“Chinese buyers are currently part of the fastest-growing sector of global real estate buyers, seeking out areas that offer an appealing way of life, immigrant investment, and educational prospects. However, when compared to a domestic purchase, cross-border property buying is frequently a time-consuming process. Selling a home to a Chinese buyer has a unique set of challenges. As a result, it is important to have a deep grasp of buyers’ purchasing behaviours. So, how does a developer or agent based outside China reach out to Chinese buyers and understand what they want?”
The Chinese Buyers Who Were Scooping Up New York Real Estate Have Vanished (Curbed, Aug. 27, 2021)
Although New York is still one of the top three locations in the U.S. for Chinese buyers, the real-estate business is taking note of their waning interest. “I had many potential clients at the beginning of the pandemic, and then, they all dropped off,” said Chloe Ren, founder of the Chloe Ren Group, a high-end-properties agency in New York that specializes in Chinese buyers.China is Buying Up American Farms. Washington Wants to Crack Down (Politico, Jul. 19, 2021)
By the start of 2020, Chinese owners controlled about 192,000 agricultural acres in the U.S., worth $1.9 billion, including land used for farming, ranching and forestry, according to the Agriculture Department.
Real Estate in China
China’s Property Sales Are Set to Plunge 30% — Worse Than In 2008, S&P Says (CNBC, Jul. 27, 2022)
“China’s property sales will likely drop by about 30% this year — nearly two times worse than their prior forecast, S&P Global Ratings said, citing a growing number of Chinese homebuyers suspending their mortgage payments.”
China: Real Estate Report (Fitch Solutions, 2022) E
The long term outlook for the Chinese commercial real estate market appears strong, even though growth will remain slow in the near future. The recent introduction of nine C-REITs further increases the potential for investor interest.
China’s Real Estate Problem (Inside Indiana Business, Oct. 4, 2021)
Additionally, the prospects of continued appreciation of real estate (coupled with strict limitations on overseas investing) led to the construction of China’s infamous ‘ghost cities’ that litter the countryside with cities full of buildings that sit empty. It is estimated that 20% of the total housing stock in China is unoccupied.
China's Cooling Measures Curb New Home Price Growth, Property investment (Reuters, Sep. 15, 2021)
Average new home prices grew at their slowest pace since December on a monthly basis, and since January on an annual basis, after authorities stepped up property curbs this year, from capping banks' lending to the sector to restricting purchases.
Websites & Other Resources
China Institute of Real Estate Appraisers and Agents (CIREA)
11th Floor, Building 7 Interwest Business Center
9 Shou Ti Nan Road, Haidian District
Beijing, 100048 China
China Real Estate Chamber of Commerce (CRECCHKI)
+852 2153 9683
+852 2153 9273
Room 1708, 17/F, 700 Nathan Road, Mong Kok, Kowloon
Global Ambassador for the China Institute of Real Estate Appraisers and Agents (CIREA), the China Real Estate Association (CREA), and the China Real Estate Chamber of Commerce (CRECC)
233 SW Wilson #102
Bend, OR, USA
The Real Estate Developers Association of Hong Kong (REDA)
1403 World-Wide House
19 Des Voeux Road Central
Tel: (852) 2826 0111
Fax: (852) 2845 2521
Ambassador Association for China: San Francisco Association of REALTORS®
PRIMARY CONTACT: Walter Baczkowski
Phone: 1 415 431 8500
Fax: 1 415 553 3968
301 Grove Street
San Francisco CA 94102-4497 USA
Chinese Real Estate Websites
Fang — Chinese-language real estate listings website
Juwai — Chinese-language real estate listings website
Lianjia — Chinese-language real estate listings website
Sofang — Chinese-language real estate listings website
eBooks & Other Resources
Chinese Business Etiquette and Culture (eBook)
Chinese Learn Mandarin Chinese for Beginners: A Simple Guide That Will Help You on Your Language Learning Journey (Audiobook)
The Chinese Way in Business : The Secrets of Successful Business Dealings in China (eBook) E
Doing Business in China (eBook, Audiobook)
Dr. Blair's Chinese In No Time (Audiobook)
Emerging Market Real Estate: Investing in China, India, and Brazil (eBook)
Books, Videos, Research Reports & More
As a member benefit, the following resources and more are available for loan through the NAR Library. Items will be mailed directly to you or made available for pickup at the REALTOR® Building in Chicago.
Emerging Market Real Estate Investment: Investing in China, India, and Brazil (Hoboken, NJ: Wiley, 2010) HD926 .L96 2010
Modern Chinese Real Estate Law : Property Development In An Evolving Legal System (Burlington, VT: Ashgate Publishing, 2011) KNQ683.S74 2011
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