Resolves YES is New Zealand residential property prices fall more, or rise less, in the BIS data than all of these other countries.

Resolves NO if data shows the opposite.

Resolves N/A if there are no new releases.

The prediction will be resolved using the Bank of International Settlements real residential property price indicators (indexed as Q2 2022=100), as in this FRED graph, based on the last period with data available for all included countries. (I expect we’ll get to 2023Q2 or maybe Q3 before the year’s end. There are sources released earlier and/or more frequently, but they won’t be used for resolution.)

Context: New Zealand’s housing affordability policy reforms.