Adrian Orr: Reserve Bank Governor says the days of skyrocketing house prices are probably over

Published: Aug. 17, 2022, 8:04 p.m.

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Home buyers are being urged to think twice about buying a home, in the wake of yesterday\'s 50-basis point rise to the Official Cash Rate.

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Reserve Bank Governor Adrian Orr told Mike Hosking the days of skyrocketing house prices are probably over.

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\\u201cI want people to be having their brain engaged and thinking really hard about what they\\u2019re doing when entering into these markets.\\u201d

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