Who Are Your Neighbors? Chinese Buyers Are Purchasing More Than US Farmland

One of the reasons Americans overwhelmingly reelected President Donald Trump was that they knew he would be laser-focused on national security, something the previous administration only gave a wink and a nod to. Closing the U.S. southern border and scrutinizing visa applications of those who come from countries that are not our friends all fall under that umbrella. In recent years, we have seen one of America's biggest adversaries, China, buying up thousands of acres of American farmland, often disturbingly close to military installations. Now, however, it appears that the Chinese may be looking beyond America's rural areas.

China and Canada led the ranks of foreign buyers snapping up U.S. homes, according to a new report.

Foreigners bought $56 billion worth of existing U.S. homes from April 2024 through March 2025, according to the National Association of Realtors 2025 In...https://t.co/8N8tAppwWY
— Tennessee Star (@TheTNStar) July 14, 2025

According to a new report from the National Association of Realtors (NAR), between April of 2024 and March of 2025, Chinese investors bought nearly twice as many homes in the U.S. as the year before. The report revealed an 83 percent spike in Chinese home buying than the same time the previous year. Chinese residential spending increased from $7.5 billion the year before to $13.7 billion. Chinese nationals also made up the largest percentage of foreign home buyers at 11,700, followed by 10,900 Canadian buyers, 6,200 from Mexico, and 4,700 from India.

As if this might not be unsettling enough, there are more troubling details. Kashif Ansari is the co-founder of Juwai IQI, a real estate technology group. He says that the Chinese buyers “were more likely to pay in all cash than any other buyer group," and the average price of the homes they are purchasing is around $1,168,800. Compare that to the median average home price right now in the U.S., which is $459,826, a price that roughly 75 percent of American households are unable to afford, and it is all something that should raise plenty of eyebrows. Also, there is the fact that 36 percent of those homes were purchased in California and nine percent in New York, where home prices tend to be a bit higher than the rest of the nation.

But is it just foreign investors wanting to get in on what they see to be a sure bet, or something else? Chinese residential real estate investment is not new. In 2017, it reached its peak of $31.7 billion, but it has not rebounded to that level. For those same investors, putting their money in Chinese real estate has not been profitable in recent years, with prices dropping 4.7 percent from June of 2024. And it is not just the Chinese who are grabbing up U.S. real estate. Foreign buyers spent $56 billion over the last year. That is a 33 percent increase since the high mark of 2017.

Are Americans being owned when foreign entities control our cost to house ourselves?

International Buyers Purchased $56 Billion Worth of US Homes in 1 Year https://t.co/cJpwjuBDMa
— Tim M (@Tmcfarlane9M) July 15, 2025

But we all know that China is "special." Chinese land buys came on the radar in 2022 when food producer Fufeng Group bought 370 acres of land near a North Dakota Air Force base. The Biden administration paid lip service to the purchase, proposing a rule that would require any foreign company wanting to purchase land within 100 miles of specific U.S. military bases to get government approval. But as of last year, China owned roughly 350,000 acres of farmland in 27 states, including near McDill Air Force Base in Florida and Camp Pendleton in California. In June, Texas passed a law that prevents countries classified as security threats - China, Russia, Iran, and North Korea - from purchasing farmland as well as commercial and industrial property, land used for mining or water use, and residential properties.

ALSO READ: USDA Announces Plan to Secure America's Vital Farmlands

For the Chinese, the U.S. investment bonanza may be coming to an end. On July 8, the Trump Department of Agriculture will look into blocking Chinese nationals from buying U.S. farmland. If that happens, a block on buying residential real estate as well should immediately follow. It's a good argument for getting to know your neighbors.

@GordonGChang No American can own a single damn inch of land in China—everything’s state-owned or collectively held, with foreigners stuck leasing for up to 70 years, and even then, only if they’ve been working or studying there for a year. So why the hell are we letting Chinese… https://t.co/FyJfi2IzT7
— Roman Mesina (@RomanMesina) July 10, 2025

So why the hell are we letting Chinese nationals scoop up square miles of U.S. farmland and real estate?

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