Miami and Orlando are attracting a surge of homebuyers from mainland China thanks to relatively low prices and a range of higher-end properties, real estate industry sources say.
“Miami wasn’t on the radar of Chinese buyers until recently,” Kashif Ansari, co-founder and CEO of Juwai IQI, said.
Asian buyers make up 8 per cent of foreign home purchases in Florida.
The top 5 US cities for Chinese homebuyers this year are Los Angeles, Seattle, Orlando, Houston and New York.
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