Describe Image

- The image shows information about the evolution of real house prices in New Zealand from 1990 to 2014.

- It can be clearly seen that house prices in New Zealand rose significantly over the period, with a sharp increase after 2002, reaching over 260 by 2014. In contrast, OECD house prices exhibited more moderate growth.

- After analyzing the key aspects, it can be concluded that New Zealand experienced a notable housing market boom compared to the OECD average.