Rise in Chinese buyer enquiries for Australian homes

Rise in Chinese buyer enquiries for Australian homes
20/07/2019 , by , in INTERNATIONAL

CHINESE buyer enquiries for Australian homes rose for a second quarter in a row in March, latest data from Juwai.com showed, signalling a possible revival of demand for the Pacific nation’s beleaguered property market from a key investor base.

Chinese enquiries jumped 40 per cent in the first quarter after a 54 per cent gain in the three months to December – the first consecutive year-on-year rise since 2016.

The recent quarters of slow recovery could herald the light at the end of the tunnel for Chinese residential property investment in Australia.

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