2024-07-21 20:00:16 +0300

World’s Frothiest Housing Market Cools in Global Warning Signal

Bloomberg

New Zealand’s housing market has abruptly snapped from frenzied to floundering — and it may be a harbinger of what’s to come around the world.

Sales are plunging by double digits. Prices just fell the most in 13 years. And homes that would have previously sold in days are now sitting on the market for weeks.

#housingmarket #warningsignal

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