California was the top destination for Chinese nationals looking to purchase homes in the United States this past year, according to a new study by the National Association of Realtors (NAR).
Buyers from China became the top foreign investors in the U.S. real estate market, in terms of both volume and dollar value, during the period of April 2024 through March 2025.
The study, published this month, found that five states—Florida, California, Texas, New York, and Arizona—were the most popular destinations of foreign buyers purchasing houses.
California was largely popular among buyers from China, making up 36 percent of existing-home purchases in the United States by Chinese citizens. Maryland and New York were the next two top destinations, both at 9 percent of sales to Chinese buyers….