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