The house owner has acted smartly by adding a complimentary Tesla electric car worth $60,000 to their home purchase. According to Sky News, house prices have dropped for 11 straight months and by the most in 30 years in October. For the eleventh consecutive month, New Zealand house prices fell 10.9% in October, the most significant monthly decline in 30 years. “Rising mortgage rates continue to weigh on house prices and sale activity,” said Kiwibank economists in a note. Many experts believe that even though the cash rate is predicted to increase, housing prices will continue to decline.