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20/02/2013
NI Property Prices Continue To Fall
Residential property prices continue to fall in Northern Ireland.
Over the year to the end of December 2012, prices fell by 13%, according to the latest report by the Northern Ireland Statistics and Research Agency (NISRA).
The Index measures change in the price of residential property sold in Northern Ireland.
Results from the report showed residential prices fell by 3% between the third and final quarter last year.
Northern Ireland reached its peak property price index in the third quarter of 2007.
But prices of residential property sold today are now just under half of their peak value, indicating a 56% fall.
There were 3,693 verified residential Northern Ireland property sales recorded by Her Majesty’s Revenue & Customs in the fourth quarter of 2012. This showed a 20% increase over the number recorded in the fourth quarter of 2011 and the highest number recorded since the fourth quarter of 2007.
(IT)
Over the year to the end of December 2012, prices fell by 13%, according to the latest report by the Northern Ireland Statistics and Research Agency (NISRA).
The Index measures change in the price of residential property sold in Northern Ireland.
Results from the report showed residential prices fell by 3% between the third and final quarter last year.
Northern Ireland reached its peak property price index in the third quarter of 2007.
But prices of residential property sold today are now just under half of their peak value, indicating a 56% fall.
There were 3,693 verified residential Northern Ireland property sales recorded by Her Majesty’s Revenue & Customs in the fourth quarter of 2012. This showed a 20% increase over the number recorded in the fourth quarter of 2011 and the highest number recorded since the fourth quarter of 2007.
(IT)
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Nearly 5,300 residential properties were sold during the final three months of 2014, bringing the total sales for the year to over 20,200, according to the latest Northern Ireland Residential Property Price Index. This represented a 22% increase on the number sold in 2013, and is the highest annual number of sales since 2007.
New 'Confidence' In Housing Market
Nearly 5,300 residential properties were sold during the final three months of 2014, bringing the total sales for the year to over 20,200, according to the latest Northern Ireland Residential Property Price Index. This represented a 22% increase on the number sold in 2013, and is the highest annual number of sales since 2007.
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Northern Ireland WeatherToday:A largely cloudy day with occasional rain. Turning drier and brighter for a time in the afternoon and feeling very mild. Light southerly winds becoming strong with gales later along the County Down coast. Maximum temperature 13 °C.Tonight:Cloudy with outbreaks of rain, these heavy at times. Strong southerly winds, with gales in the evening across eastern counties, becoming westerly later. Minimum temperature 8 °C.
