Chinese investors purchased $8.6 billion in U.S. commercial real estate assets in 2015, according to CBRE, a global real estate services and investment firm. That does not even include real estate development, in which Chinese are also investing in a very big way. China still ranks second behind Canada in this race, but it nearly quadrupled its play in just one year. As China's economy and stock market spiral, will that help or hurt U.S. real estate?
"Volatility from China is the new normal, and the sooner we get used to it the better. At the same time, a certain amount of volatility isn't all a bad thing as global instability often leads to more foreign capital flows to the safe havens, notably London and the U.S," said Spencer Levy, CBRE's head of research for the Americas.