Mainland Chinese buyers disappeared after China’s new capital controls were rolled out. Despite the lack of capital being exported, anecdotal evidence has been appearing in US media to the contrary. This “evidence” often quotes Juwai inquiries from 2016, before the new controls. Now we finally have a 2017 data point, from a much larger organization, the National Association of Realtors (NAR). NAR March 2017 data from Realtor.com show Chinese buyers were absent from the... [read more]