Chinese buyers expand their reach in the US housing market

Chinese buyers have been the top foreign buyers of American real estate for six years straight, according to the National Association of Realtors, and now they expanding to new, lower price tiers.

Chinese consumers appear to be less interested in trade wars and more interested in bidding wars, according to San Francisco-based real estate agent Michi Olson, who just returned from an international real estate property show in Shanghai.

Read the article here on CNBC