As previously noted, the canary in the coal mine told us this was coming. Expect further falls in house prices as rate shock filters through…
(NZ was first to ease/reopen, and subsequently hike rates, tighten monetary policy — set against a very overvalued housing market) pic.twitter.com/dZQHRwGYWc
— Topdown Charts (@topdowncharts) October 26, 2022