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: Could we live without public bins?
Many public rubbish bins are being removed by councils due to the large costs of regularly emptying them. Do you think we can adapt and live without them?
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11.8% Yes
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87.7% No
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0.5% Other - I'll share below
Are you a first home buyer?
Hello!
Are you a first home buyer? Is your mortgage going up and up with rising interest rates and you’re now struggling to make ends meet? Have you lost the ability to save any extra cash?
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Please comment below if you would like to share your story, or email tova@stuff.co.nz. We give you our commitment to treat your experience with sensitivity and care.
Healing isn’t linear...
Healing isn’t linear and it is okay to have moments of struggle alongside triumphs 😖🥳
Remember, every day is a step closer to where we want to be.
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