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OtherStaff WriterMon 23 Jan 17

Travelling Chinese Consumers Plan To Hunt For Property During Chinese New Year

C

International real estate search engine Juwai.com recently crunched the numbers that reveal Chinese investment and purchasing activity in property across the world.

The engine engaged and surveyed 120 Chinese consumers about their travel plans for Chinese New Year and 2017 in general.

Their findings included:

  • 26% of Chinese consumers plan to travel internationally during Chinese New Year 2017, and almost half (42%) say they will engage in property hunting during their trip.

  • 57% plan to purchase property in the countries to which they are travelling and another 26% say they may consider doing so.

  • 58% are considering emigrating to the country to which they‘re travelling, and another 16% say they may consider doing so.

  • More than 41% of Chinese who intend to purchase property in the countries to which they‘re travelling plan to meet with real estate agents over their Chinese New Year travel.

  • When it comes to real estate agents, 43% say they will meet with real estate agents with whom they spoke before their trip, while 32% say they will meet with real estate agents with whom they haven’t yet spoken.

ResidentialInternationalAustraliaMarketingReal EstateSector
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Article originally posted at: https://theurbandeveloper.com/articles/travelling-chinese-consumers-plan-hunt-property-chinese-new-year