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China Tops as Largest Foreign Buyer of Australian Homes

China Tops as Largest Foreign Buyer of Australian Homes

Hong Kong peak exodus

Hong Kong hitting ‘peak exodus’. Experts say UK, Canada, and Australia winners of Hong Kong’s loss

Hong Kong's "peak exodus' has led to an influx of Hong Kong citizens flooding real-estate markets across the UK, Canada, and Australia. Besides, according to Knight Frank's The Wealth Report 2022, the top three locations Hong Kongers are hoping to purchase homes are the UK, Canada, and Australia. Derek Tse, business development manager of the…

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australia cities

Top 10 Aussie cities foreign buyers are enquiring about

According to Juwai IQI’s Top Countries 2020 report, the Australian market is the second most popular destination for Asian property buyers, accounting for 13.7 per cent of buyer activity. “Asian buyers from the Philippines, Malaysia, South Korea and Japan all increased their buyer activity in 2020, despite the pandemic. Much of this was interest displaced from the United States,…

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