{"id":7906,"date":"2018-07-08T23:32:18","date_gmt":"2018-07-08T23:32:18","guid":{"rendered":"https:\/\/www.canadianrealestatemagazine.ca\/nearly-9-out-of-10-chinese-buyers-hail-from-the-mainland-study\/"},"modified":"2023-10-24T04:01:05","modified_gmt":"2023-10-24T04:01:05","slug":"nearly-9-out-of-10-chinese-buyers-hail-from-the-mainland-study","status":"publish","type":"post","link":"https:\/\/www.canadianrealestatemagazine.ca\/news\/nearly-9-out-of-10-chinese-buyers-hail-from-the-mainland-study\/","title":{"rendered":"Nearly 9 out of 10 Chinese buyers hail from the mainland &#8211; study"},"content":{"rendered":"<p>In a new report, international property portal Juwai.com provided a clear picture of the geographic origins and purchasing intentions of its recent clientele.<\/p>\n<p>Juwai \u2013 which caters to Chinese-language individuals looking at residing or investing in Canadian homes \u2013 reported that nearly 9 out of 10 of the buyers who use its platform (89%) are situated in mainland China, with the remaining percentage located either in Canada or other overseas locations.<\/p>\n<p>Mainland Chinese buyers in Canada came mostly from Beijing (15.9%), Shanghai (11.3%), Guangdong (9.6%), Jiangsu (8.5%), and Shandong (5.8%).<\/p>\n<p>Meanwhile, the leading non-mainland origins of Chinese buyers of Canadian real estate are Canada itself (6.66%), the United States (1.16%), Hong Kong (1.04%), and Taiwan (0.43%).<\/p>\n<p>Read more: <\/p>\n<p>As for purchasing motivations, 54.6% of Juwai\u2019s users reported getting properties for their own residential use, while 26.3% are buying for investment purposes and 17.4% are for the use of students enrolled in Canadian higher institutions.<\/p>\n<p>All in all, Chinese buyers inquired on $1.45 billion worth of property last year alone. The most attractive locales for them were Toronto, Vancouver, Montreal, Calgary, and Ottawa.<\/p>\n<p>The most viewed listing in Juwai last year was valued at $18.9 million. Overall inquiries involved properties worth as low as $500,000.<\/p>\n<p>\u00a0<\/p>\n<p><em><strong>Related stories:<\/strong><\/em><\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a new report, international property portal Juwai.com provided a clear picture of the geographic origins and purchasing intentions of its recent clientele. Juwai \u2013 which caters to Chinese-language individuals looking at residing or investing in Canadian homes \u2013 reported that nearly 9 out of 10 of the buyers who use its platform (89%) are [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts\/7906"}],"collection":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/comments?post=7906"}],"version-history":[{"count":1,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts\/7906\/revisions"}],"predecessor-version":[{"id":21258,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/posts\/7906\/revisions\/21258"}],"wp:attachment":[{"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/media?parent=7906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/categories?post=7906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.canadianrealestatemagazine.ca\/wp-json\/wp\/v2\/tags?post=7906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}