Wellington houses hit $1 million mark
Do you think your house is worth $1 million?
Property values in Wellington city have exceeded the $1 million mark and the rest of the region isn’t too far behind.
Housing prices have soared since the Covid-19 pandemic and the country's housing crisis continues to see people, especially first home buyers, being crowded out of the opportunity to purchase a home.
The latest data, released on Wednesday morning by property data provider CoreLogic, shows Wellington’s housing market continues to set jaw-dropping new records with the region seeing the greatest rate of growth.
CoreLogic’s House Price Index found Wellington city’s average current value had reached $1,012,163. In the city’s western suburbs that rose to $1,160,087.
Poll: Is it ok to regift something that you have been given?
🎁 Holiday Gift Chat!
Do you ever regift?
What’s your take on asking for a receipt if a gift doesn’t fit?
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79.2% Yes! It's better to regift what I don't need
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20.8% No. It's the thought and effort that matters
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