'A correction is unfolding': UBS
![The Balgowlah Heights trophy home has views over North Harbour.](http://web.archive.org./web/20170716070530/http://www.afr.com/content/dam/images/g/v/9/2/5/u/image.related.afrIndexLead.320x210.gxc3p4.gshfrb.png/1500187348622.jpg)
As clearance rates rose over the weekend, a new report from UBS has forecast a slump in house price growth next year, but no crash.
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