03/10/2001
NI house prices rise by an average of £2,000 in Q1
Compared to the same quarter last year, a new report shows there was an increase of £2,000 in the average selling price of National House Building Council (NHBC) registered new houses in Northern Ireland during April – June 2001.
Despite this increase from last year however, the latest bulletin also reveals a fall of £4,000 in the average selling price compared to the previous quarter ending March 2001.
The statistics, which have been published in the latest issue of the Northern Ireland Housing Bulletin, are produced each quarter by the Statistics and Research Branch of the Department for Social Development to provide up to date information on new house sales, new starts, prices, and mortgage advances.
Significantly, one of the key findings showed that detached houses represented 37 per cent of all NHBC housing starts. The total number of starts recorded for this quarter (2,525) was 6.4 per cent higher than that recorded for the quarter ending March 2001, although this represented a decrease of 8.0 per cent on the number of starts recorded for the same quarter ending last year.
Of the new dwellings started, 98.3 per cent (3,715) were commissioned by the private sector.
Total number of starts remained relatively constant, with 3,764 for the quarter ending March 2001 and 3,780 for the quarter ending June 2001, throughout the first six months of 2001.
Newry & Mourne with 286 was the district council area with the greatest number of new housing starts. This represents an increase of 41.6 per cent on the same period last year. (AMcE)
Despite this increase from last year however, the latest bulletin also reveals a fall of £4,000 in the average selling price compared to the previous quarter ending March 2001.
The statistics, which have been published in the latest issue of the Northern Ireland Housing Bulletin, are produced each quarter by the Statistics and Research Branch of the Department for Social Development to provide up to date information on new house sales, new starts, prices, and mortgage advances.
Significantly, one of the key findings showed that detached houses represented 37 per cent of all NHBC housing starts. The total number of starts recorded for this quarter (2,525) was 6.4 per cent higher than that recorded for the quarter ending March 2001, although this represented a decrease of 8.0 per cent on the number of starts recorded for the same quarter ending last year.
Of the new dwellings started, 98.3 per cent (3,715) were commissioned by the private sector.
Total number of starts remained relatively constant, with 3,764 for the quarter ending March 2001 and 3,780 for the quarter ending June 2001, throughout the first six months of 2001.
Newry & Mourne with 286 was the district council area with the greatest number of new housing starts. This represents an increase of 41.6 per cent on the same period last year. (AMcE)
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NI Sees Increase In House Purchase Loans
Northern Ireland was the only area of the UK to experience an increase in house purchase loans in the final quarter of 2011, according to new figures released today from the Council of Mortgage Lenders (CML) in Northern Ireland. The 2,500 house purchase loans, worth £240 million, increased 4% by number and value from the third quarter of the year.
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Northern Ireland house prices rise by 9%
The average housing price in the province has increased by almost 9% in the third quarter of last year, according to the Northern Ireland Housing Bulletin (NIHB).
Northern Ireland house prices rise by 9%
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Northern Ireland WeatherToday:The day will be very windy with strong to gale force westerly winds becoming occasionally severe along the north coast. Sunny spells will be interspersed with scattered showers. Maximum temperature 8 °C.Tonight:West to northwest gale force winds, severe along the north coast, will continue overnight. Frequent showers persist, merging into longer periods of rain at times and turning wintry. Minimum temperature 1 °C.