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Christmas brought an early end to activity in the housing market for the year, but confidence is continuing to build, the Real Estate Institute says.

It has released its data for December, which shows the national median price was up 1.4 percent year-on-year to $786,977. Month-on-month it was down 1.6 percent.

Excluding Auckland, the national median price was up 2.1 percent for the year and Auckland was down 1.7 percent in the month.

The national days to sell measure was down two days to 39.

The number of sales was up 8.1 percent nationally year-on-year but down 12.2 percent for the m

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