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.
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Turn downsizing stress into strength
Downsizing can open the door to a new stage of your life that is rich in opportunity. However, it can be a daunting prospect. If you are embarking on a new chapter of life, the thought of shedding familiar possessions can feel even more stressful. This can be true even if the life changes are a good thing, such as a move to somewhere you will love to live.
Once you understand why you have this feeling, you can reframe it as creating a new environment that will support your present life while reminding you of your best experiences.
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