Information Resource on Wealthiest Chinese
According to the National Association of Realtor’s 2013 Profile of International Home Buying Activity, 12% of International home buyers in the U.S. are Chinese. In Canada, Chinese investors have been snapping up properties in Canada's largest cities, driving up prices and according to observers, often outbidding Canadians.
In the U.S., Chinese buyers pay more on average for properties – median price of homes bought by Chinese is $425,000. Sixty-nine percent of Chinese purchasers pay all cash.
If you have tapped into this important market niche, or wish to work with very wealthy Chinese, here’s a useful resource. The Hurun Research Institute publishes the Hurun Rich List, an annual ranking of the 1000 richest individuals in China. The firm also publishes additional research on China’s high net worth individuals including demographic information and information on their consumption preferences. Here are just some of their reports:
- Chinese Millionaire Report
- Hurun Global Rich List
- Chinese Luxury Consumer
- Chinese Luxury Traveler
- Chinese Passion Investments
- Best of the Best – Preferred Brands of China’s Richest
Find a listing of recent reports from Hurun Research Institute on their website.