China set to dominate foreign homebuyers market | Bedford Corners Homes

The share of U.S. homes purchased by international buyers is on the rise. As HousingWire reported on Tuesday, international buyers spent nearly $100 billion on properties and investments from April 2013 to March 2014.
The $99.2 billion that international buyers pumped into the market in from April 2013 to March 2014 represents a substantial increase from the previous 2012-2013 level of $68.2 billion, according to the National Association of Realtors.
According to the NAR report, Canada maintained the largest share of purchases, dropping from 23% in 2013 to 19% in 2014; however, China held the lead in dollar volume, purchasing an estimated $22 billion with an average sale cost of $590,826.
China was also the fastest growing source of transactions, now accounting for 16% of all purchases, up 4% from last year. Domestically the Chinese are facing their own property meltdown, one that could help push real estate investors into new markets.

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http://www.housingwire.com/articles/30617-chinese-set-to-dominate-foreign-buying-market