What's happening in real estate
What's happening in real estate

Why Many Kāpiti Homeowners Are Better Off Than They Think by Andrea Corrigan

Property Brokers  Tuesday, June 2nd
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Why Many Kāpiti Homeowners Are Better Off Than They Think?

The release of this week’s Budget has sparked plenty of discussion, but the reality is that the property market has been adjusting for some time now.

Recent headlines such as “Wellington house prices fall hard since market peak, with the average home worth $400,000 less” have reinforced what many buyers and sellers are already experiencing on the ground.

Here on the Kāpiti Coast, we continue to see a market that rewards realistic expectations and informed decision-making. The key drivers behind recent price movements have been higher interest rates, affordability pressures, increased housing supply, and more cautious buyer sentiment — not any single Budget announcement.

What’s important to remember is that property markets move in cycles. 

While some homeowners may be focused on what their property was worth at the peak, the bigger picture is often overlooked. 

If you're selling in today’s market, you're also buying in it. In many cases, the property you are moving to has adjusted by a similar — or even greater — amount.

The most successful buyers and sellers are not those who perfectly time the market. They are the ones who understand the current conditions, adapt their strategy, and make decisions based on their long-term goals rather than short-term headlines.

Considering selling this year? Request your confidential appraisal and tailored proposal from Andrea Corrigan at Property Brokers today. 

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Andrea Corrigan
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Have you considered buying or selling a property? Or do you know of a family member, friend or colleague who is considering buying or selling a property? Contact Andrea Corrigan to experience next level service.

Andrea Corrigan
M  021 488 267
E  andrea.corrigan@pb.co.nz

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