By Steve HartNew Zealand is in the top 10 for Chinese property investors according to a survey of China's wealthiest people. Lifestyle sales downThere were 2191 lifestyle property sales during the three months ended December 2016 -- that's 86 fewer than in the same period in 2015 according to the Real Estate Institute. The median price for all lifestyle properties sold in the last quarter was $583,000. However, lifestyle sales were up in Wellington, Manawatu/Wanganui and Canterbury. Bagrie says one and two-year rates are likely to remain unchanged for some time, adding that the RBNZ will likely hold the official cash rate at 1.75 per cent for much of the year.

Source: New Zealand Herald January 26, 2017 03:31 UTC