WELLINGTON, Dec 4 (Reuters) - New Zealand house prices rose an annual 3.3% in November to an average value of NZ$704,072, government valuer Quotable Value (QV) said on Wednesday.
* Pace increased from 2.8% growth the previous month.
* Property value dropped 1.2% year-on-year in the Auckland region.
* Shortage of listings and low interest rates are fuelling a pick-up in property value, according to QV.
Reporting by Charlotte Greenfield, Editing by Sherry Jacob-Phillips
