Wellington’s housing market continues to set jaw-dropping new records, with properties being snapped up for astronomical prices in a matter of days, according to new real estate industry figures. There is no sign that the frenzied market will cool any time soon, agents warn, with one saying this may in fact turn out to be the “calm before the storm”. The new figures came as Reserve Bank Governor Adrian Orr said a new agency was needed to coordinate the response to the housing crisis and rebuffed Finance Minister Grant Robertson’s suggestion that it add house prices to its monetary policy remit.