New home lot supply drops to cycle lows
China is the world’s second largest economy and the most populous country on Earth. By many accounts, China is projected to surpass the U.S. as the world’s economic powerhouse within the next five to ten years. You don’t have to look much further than our own real estate market to see evidence of China’s rise to prominence. Investors, big and small, have been on the prowl for both residential and commercial real estate in the U.S.