There are several forces at work in transforming the real estate business in United States and Canada. Obviously, the nature of the economic recovery since 2012, flat wages, underemployment of Millennials, limited inventory of single family homes available for sale, and modest household formation are factors in driving selling prices and rents of homes, what is also distorting the market is flood of foreign buyers, specifically from China. This report from Xinvest Consultants provides a snapshot of the overseas real estate buyers, their rationale for doing so, and how can home-builders, marketers, real estate agents, and other businesses can exploit the opportunity.
