Chinese demand for New Zealand housing properties is going up, points out International Business Times (15 December 2014). Simon Henry, Co-CEO of, also attested for the soaring popularity of New Zealand propeties among Chinese property shoppers, and shared that New Zealand is seventh on the list of top 10 countries favoured by wealthy Chinese buyers. According to Henry, Chinese buyers on average spends $1.4 million for a property – double of what a first-time buyer or domestic buyer can afford in New Zealand.