Strengthening U.S. dollar constricting foreign homebuyer affordability: Zillow

Strengthening U.S. Dollar Constricting Foreign Homebuyer Affordability: Zillow

In July, Juwai released a study that predicted 2017 Chinese residential real estate investment would drop from its 2016 peak of $101.4 billion to $80 billion for a number of reasons, including Chinese restrictions on the transfer of capital overseas, foreign buyer restrictions and taxes in some key markets, and gloomy forecasts about the Chinese economy in the coming year.