Housing market  “Inferno,” says an expert from New Zealand.  This is what the world’s housing boom looks like, from wh

Housing market “Inferno,” says an expert from New Zealand. This is what the world’s housing boom looks like, from wh

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Housing market  “Inferno,” says an expert from New Zealand.  This is what the world’s housing boom looks like, from wh

New Zealand, Canada and Sweden are leading the rise in the global housing market, which has reached almost all developed countries.

“Inferno.”

In that word, chief economist at the New Zealand research company Infometrics Brad Olsen describes the country’s housing market.

Inferno means litter, hell or a sea of ​​flame, and the New Zealand housing market is really hot. During the pandemic, home sales have been rampant around the world. In June, Bloomberg released the “bubble ranking” in the housing market, with New Zealand number one.