In recent years, Beijing has been restricting the amount of money invested abroad by its citizens after an earlier exodus of capital that had partially contributed to surges in money flowing into places like the U.S., U.K., and Australia.
"What it's impacting is really the very, very, very top, because the Chinese were buying the most expensive apartments," Allison said. "We're talking (about) the $30 million penthouses."
However, more and more middle-class Chinese are getting in on the home-buying trend. The median price of a U.S. residential property sold to a Chinese buyer went from just under $530,000 in 2017 to $439,000 in 2018, according to the National Association of Realtors, a trade association for those working in the real estate industry.
In contrast, residential property prices in Hong Kong are down about 10 percent from their peak in August, fueled by trade tensions between U.S. and China, and potential rate hikes.
Asia Bankers Club told CNBC several of the units inside 125 Greenwich Street were sold during the weekend event. Other buyers, however, said they wanted to visit New York first.
"If you look over the past 10 or 20 years, while there have been some small dips, overall it's been a straight upward trajectory," Allison said referring to the U.S. housing market. "If you're looking for a solid investment, you're looking to a country where you know your money is safe. How can you do better than the United States?"
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