Australia’s real estate market is continuing to boom, but unlike the 2016 housing surge, investors are coming not from China. Residential housing experienced its strongest month of growth in February since 2003, with overseas investors from America, the UK, Singapore and Hong Kong showing a keen interest in the Australian residential property market as investors feel positive about the economic recovery in Australia. According to Domain, investor loans were up 22.7 percent over the last year from January and 9.4 percent over the month. Nerida Conisbee, chief economist at realestate.com.au, speculates that the positive situation with COVID-19 and quick economic recovery is behind the surge. “It could be a lot of people potentially looking to move to Australia because of better economic conditions [compared to the U.S. and the UK],” she said. The small beachside town in New South Wales, Byron Bay, is getting a particularly large amount of interest from Americans. It …