01/07/2003

Average 'new house' figures show rise

Latest Northern Ireland housing figures have shown that the average price of new houses sold during the quarter increased by £5,000 on the same period last year.

The Northern Ireland Housing Bulletin, including sales of new houses and apartments during the period January to March 2003, revealed that the average selling price of NHBC-registered new houses sold during the quarter was £97,000, 5.4% up on the same period last year.

This figure ranged from £66,400 in the Strabane area to £140,800 in Lisburn.

Detached houses represented 38% of all NHBC intended housing starts. The total number of NHBC starts recorded for this quarter (2,535) represented an increase of 16.4% on the same quarter in 2002.

Of the new dwellings actually started, 88.9% (3,243) were commissioned by the private sector. Total number of starts increased from 3,381 for the quarter ending March 2002, to 3,646 for the quarter ending March 2003.

Belfast was the district council with the greatest number of new housing starts, namely 463. This represents an increase of 6.7% on the same period last year.

A total of 4,620 households presented as homeless to the Housing Executive with ‘Sharing Breakdown or Family Dispute’ being the most common reason cited.

(MB)

Related Northern Ireland News Stories
Click here for the latest headlines.

12 August 2002
Second quarter drop in new building starts for NI
National House Building Council (NHBC) figures released last week have shown that the number of new home starts in Northern Ireland has fallen by 4% in the second quarter of 2002. This compares to the overall UK-wide figure which show a dramatic increase of 22%.
26 May 2010
Modest Rise In Average NI House Prices
The average house price in Northern Ireland rose modestly in the first quarter of this year - but any recovery in the market remains tentative - according to a new survey of house prices.
06 August 2015
Crumlin Social Housing Scheme Opened
A new social housing scheme of three and four bedroom houses has been officially opened in Crumlin. The fourteen new homes for families on the social housing waiting list, is owned and managed by Habinteg Housing Association who funded the build, with support from the Department for Social Development.
22 January 2004
NI housing prices rose by 7.8% in third quarter 2003
The latest Northern Ireland Housing Bulletin published by the Department for Social Development has reported that housing prices in the third quarter of 20003 rose by 7.8%.
27 July 2006
Report reveals new house price rises
The Northern Ireland Housing Bulletin published today by the Department for Social Development has revealed an average 12.3% rise for new house prices. The report included the sale figures of new houses and apartments being built in Northern Ireland during the period of January to March 2006.