Chinese buyers pull back from US homes as state restrictions grow

Homebuyers from China fall from top to 3rd place, but on average buy higher-priced dwellings

Among foreigners who did not make a home purchase, the most common reason was the inability to find a suitable property, followed by affordability. © Reuters

NEW YORK -- Fewer Chinese are buying U.S. homes in the 12 months through March than a year earlier, as several states enacted laws barring certain foreign nationals from purchasing property.

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