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

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. Reserve Bank Governor Adrian Orr told Mike Hosking the days of skyrocketing house prices are probably over. “I want people to be having their brain engaged and thinking really hard about what they’re doing when entering into these markets.” LISTEN ABOVESee omnystudio.com/listener for privacy information.