From an article published by CNBC, here is a look at the growing market of Chinese buyers in real estate markets of major US cities.

Chinese investment in the U.S. real estate market has surpassed $300 billion and is growing despite China’s economic weakness and increased currency controls, the authors of a new report said on Monday.

Between 2010 and 2015 Chinese buyers bought $93 billion in residential real estate, nearly $208 billion of mortgage-backed securities, and roughly $17 billion of commercial real estate, including office towers and hotels, according to the report by the Rosen Consulting Group and the Asia Society…

…the report is significant as the first independent study to prove Chinese investors rank among the top in every real estate sector. It also shows Chinese investors have stamina and can withstand short-term market events, said Arthur Margon, a co-author of the report and a partner at Rosen Consulting Group, which specializes in real estate.

Interest from some Chinese home buyers may wane, but overall they tend to have bigger budgets for home purchases than other international buyers, the report found.

The average home price for Chinese buyers in 2015 was $831,800, compared with $499,600 for all other international buyers. In terms of the total dollar amount spent on U.S. homes, China surpassed every other country from 2013 to 2015, the report found.

In 2015, Chinese investors for the first time bought more homes than buyers from Canada, formerly the leading purchasers of U.S. homes, according to the report.

One reason Chinese buyers spend more, the report found, is their tendency to buy in expensive property markets. In 2015, 35 percent of Chinese house purchases were in California, followed by 8 percent in Washington, and 7 percent in New York.