Property for sale in California where home prices hit a record high in May 2018. These days, Chinese buyers that drove global property prices are staying at home with their cash amid the viral outbreak. Photo: AFPProperty for sale in California where home prices hit a record high in May 2018. These days, Chinese buyers that drove global property prices are staying at home with their cash amid the viral outbreak. Photo: AFP
Property for sale in California where home prices hit a record high in May 2018. These days, Chinese buyers that drove global property prices are staying at home with their cash amid the viral outbreak. Photo: AFP

Global property deals stall as coronavirus keeps China money at home

  • Chinese buyers spent US$13.4 billion on US homes in 2019, the most from any foreign country even as purchases plunged amid trade war
  • Property agents are facing the same problems from Singapore to Vancouver with hundreds of millions of Chinese effectively quarantined
Topic |   Coronavirus pandemic
Property for sale in California where home prices hit a record high in May 2018. These days, Chinese buyers that drove global property prices are staying at home with their cash amid the viral outbreak. Photo: AFPProperty for sale in California where home prices hit a record high in May 2018. These days, Chinese buyers that drove global property prices are staying at home with their cash amid the viral outbreak. Photo: AFP
Property for sale in California where home prices hit a record high in May 2018. These days, Chinese buyers that drove global property prices are staying at home with their cash amid the viral outbreak. Photo: AFP
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