New Zealand is seeing a drop in foreign property buyers, reports Stuff (2 May 2019). According to recent data from Stats NZ, the number of sales to Chinese buyers fell 80 percent in Q1 2019 compared to Q1 2018. Chinese property buyers website Juwai chief executive Carrie Law said Chinese buyers made up nearly a third of all foreign house buyers in New Zealand. Demand for homes in New Zealand was especially strong among Chinese buyers who were studying, working or trying to get residency, she added