23/05/2013
NI House Prices Continue To Fall
Latest figures have revealed that the price of residential property prices are continuing to fall in Northern Ireland, but at a slower rate.
The Residential Property Price Index measures the change in the price of residential property sold in NI, and it found that over the year to the end of March 2013, residential property prices fell by 6%. This is in contrast to the previous year, when prices plummeted by 14%.
For the first three months of 2013, prices fell by 1%.
Currently, prices of residential property sold are now just under half of their peak value, with a 56% decline. It makes the average price of house in the north just under £109,000, according to the Land and Property Services (LPS) and the Northern Ireland Statistics and Research Agency (Nisra).
The report also revealed there were 3,216 verified residential Northern Ireland property sales recorded by HMRC in the first quarter of 2013 – a 1% increase over the number recorded in the first quarter of 2012.
(JP/CD)
The Residential Property Price Index measures the change in the price of residential property sold in NI, and it found that over the year to the end of March 2013, residential property prices fell by 6%. This is in contrast to the previous year, when prices plummeted by 14%.
For the first three months of 2013, prices fell by 1%.
Currently, prices of residential property sold are now just under half of their peak value, with a 56% decline. It makes the average price of house in the north just under £109,000, according to the Land and Property Services (LPS) and the Northern Ireland Statistics and Research Agency (Nisra).
The report also revealed there were 3,216 verified residential Northern Ireland property sales recorded by HMRC in the first quarter of 2013 – a 1% increase over the number recorded in the first quarter of 2012.
(JP/CD)
Related Northern Ireland News Stories
Click here for the latest headlines.
20 February 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.
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.
22 August 2012
NI House Prices Down By More Than A Tenth
Figures out today from the Northern Ireland Statistics & Research Agency show that house prices have fallen by 11% in the frst six months of this year. Land & Property Services released the Residential Property Price Index report for Quarter 2 of 2012, which is compiled from stamp duty information.
NI House Prices Down By More Than A Tenth
Figures out today from the Northern Ireland Statistics & Research Agency show that house prices have fallen by 11% in the frst six months of this year. Land & Property Services released the Residential Property Price Index report for Quarter 2 of 2012, which is compiled from stamp duty information.
21 November 2012
Residential Property Prices Drop By 12%
Over the year to the end of September 2012 residential property prices fell by 12%, according to the latest Residential Property Price Index. Between April - June 2012 and July - September 2012 residential property prices fell by 1%.
Residential Property Prices Drop By 12%
Over the year to the end of September 2012 residential property prices fell by 12%, according to the latest Residential Property Price Index. Between April - June 2012 and July - September 2012 residential property prices fell by 1%.
21 August 2013
NI Property Prices Increase
Residential property prices in Northern Ireland increased for first time since 2007, according to a new report. The Northern Ireland Residential Property Price Index report for the second quarter of 2013 showed that between quarter one and quarter two, residential property prices increased by 2%.
NI Property Prices Increase
Residential property prices in Northern Ireland increased for first time since 2007, according to a new report. The Northern Ireland Residential Property Price Index report for the second quarter of 2013 showed that between quarter one and quarter two, residential property prices increased by 2%.
18 February 2015
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.
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.
-
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.