Seattle is becoming a hot market for Chinese real-estate buyers. Chinese real-estate buyers are suddenly descending on the Seattle region. Web searches in China for Vancouver properties dropped 37% in December compared with a year ago, according to Juwai.com, an online real-estate portal that targets Chinese home seekers. Searches for Seattle properties in China jumped 125% year-over-year in November, after increasing 71% in October, according to Juwai. In April, an additional 3% was tacked on to the sale price of homes for foreign buyers or for those renting out their properties.

Source: Wall Street Journal February 07, 2017 20:37 UTC