New Zealand’s house prices are finally falling. Could this happen elsewhere?
Prices have dropped by up to 30% in some parts of the country – but experts say obstacles to home ownership remain
The Guardian - AU ·
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The Latest Breaking News from Michael Rehm
New Zealand, particularly vulnerable to a housing crash, tightens its belt as rates soar
New Zealand’s reserve bank delivered its largest rate hike in history on Wednesday, piling pressure on the country’s homeowners
The Guardian - AU ·
New Zealand the ‘kiwi in the coalmine’ as house prices slump and repayments rise
World is watching as experts warn some borrowers could soon owe more than their house is worth
The Guardian - AU ·
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