8.18

Billion dollars

Chinese buyers purchased $8.18 billion worth of residential real estate in the United States in the 12 months ending March 2013, according to a report by the National Association of Realtors of the United States, the country's largest trade association. China is the second fastest growing source of international investors in the US property market, accounting for 12 percent of international home sales. Chinese buyers were reported to be buying homes in the upper range, with a median price of $425,000.