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New Zealand house prices rise

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New Zealand house prices rose in November and the number of properties sold jumped, the Real Estate Institute of New Zealand (REINZ) said on Wednesday. Annual house prices rose 4.0% on a seasonally adjusted basis in November across New Zealand and were up 0.2 % on the month. The number of properties sold in November nationwide jumped 17.8 percent from the previous month, the largest October to November increase seen in six years.

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