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Chinese buying has increased by more than 70% to $22 billion - nearly 1/4 dollars of all foreign purchases, according to the National Association of Realtors.
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Canadians are indeed no. 1 in terms of total purchased homes, but the Chinese buy much more expensive houses: an average price of $ 591,000.
The Chinese also bring big money to the table: more than three quarters of their purchases buy cash.
California is the largest market for the Chinese, representing one-third of their purchases.
The State of Washington, however, is quickly coming, or 9% of purchases. It is followed by New York, Pennsylvania and Texas.
Related: Top 10 cities for Chinese buyers
Why do they buy? Only 39% of Chinese buyers said that they intend to use their purchases as their principal residence.
Some may buy condos for their children of U.S. colleges dealing with. They hope that, in addition to save on dorm costs, they can benefit from the price appreciation House where students graduate.
Others become owners, buying homes at low prices in economic pockets distressed as Detroit and landlords.
Others still use the homes as vacation properties a couple of weeks a year and rented the rest of the time.
In addition to the tide of Chinese and Canadian buyers of the Mexico, the India and the United Kingdom completed a list of five albums. The India also had a notable jump in money - growth of 48%.
Related: Buy vs. rent - what you'll pay in the 10 largest cities
Related: Promising cities for wealthy real estate investors
First published: 8 juillet 2014: 10: 11 et
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