Chinese buyers of Auckland property aren't leaving their houses empty and most of them aren't simply buying to rent out, according to data collected by a Chinese-based real estate website.
Juwai.com has seen a surge of interest from Chinese buyers keen on the New Zealand market, spokesman Dave Platter told NZME. News Service today.
The website has surveyed its users and found 36 per cent of people spoken to bought property in New Zealand for investment.
34 per cent bought for immigration, 18 per cent for education and 7 per cent lifestyle - a total of 59 per cent.
The rest bought for other reasons.