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AAP
AAP
Business
Ben McKay

New Zealand house prices see small uptick

New Zealand Jen Baird REINZ
New data shows the median house price in New Zealand has risen slightly after 18 months in retreat. (Dave Hunt/AAP PHOTOS) (AAP)

After 18 months in retreat, there are signs New Zealand's house prices may have bottomed out.

Data from the Real Estate Institute of New Zealand (REINZ) released on Tuesday show a modest uptick of 1.4 per cent on the median value of homes sold last month.

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