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PHOTO: 1 NEWS

The number of houses being sold has dropped with the onset of winter this year, but the frosty conditions have done nothing to make homes more affordable and diminish price rises.

The Real Estate Institute of New Zealand (REINZ) has released their real estate data for the month of June today, with the median house price across the country rising 5.7 per cent to a record equal median of $560,000 – up from $530,000 the same time last year.

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