... You might think so after reading yesterday’s Herald drama-infused headline... Wellington city property valuations plummet 24%, no suburb unscathed Crikey… plummeting and no one unscathed? Better read on, lol. The article states: On average, house values have dropped 24.4% since 2021. Capital values have fallen across every suburb, ranging from 12.1% to 29.3%. When these were last set in 2021, the market was rising rapidly, fueled by record-low interest rates. It then