New figures have revealed that the population of California is still growing.

Demographic survey data from the California department of finance revealed that the overall population grew by 1.16 per cent in the year to July 1st 2008.

Three quarters of the growth was due to the higher number of people being born than dying, with migration accounting for the rest.

California property investors may find that a continuation of the trend that has seen the state’s population rise by 4.3 million (12.6 per cent of the population) since 2000 will help increase demand for homes, meaning that those who invest in California property now could benefit when the market starts to pick up again.

Britons who choose to invest in California property may not be alone, according to a report in China Daily.

The paper noted that Chinese real estate and furnishings website SouFun is arranging trips to the US for prospective buyers, with chairman of the firm Vincent Mo telling the news provider that the itinerary includes San Francisco and Los Angeles, which have large Chinese populations.

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