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09/07/2015
NI House Prices Rising At 'One Of The Fastest Rates In The UK'
NI house prices are being pushed higher because of a limited supply of properties, according to the latest RICS and Ulster Bank Residential Market Survey.
House prices in NI are rising at one of the fastest rates in the UK, as new buyers are coming into the market at a stronger rate than new properties become available to sell.
RICS Northern Ireland Residential Property Spokesman, Samuel Dickey, said: "Surveyors are telling us that demand remained strong in the local housing market in June, whilst supply remains restricted. Almost inevitably, this is creating upward pressure on prices.
"As always, we would anticipate a lull in activity during July, but respondents remain relatively optimistic about sales over the next three month period."
(CD/JP)
House prices in NI are rising at one of the fastest rates in the UK, as new buyers are coming into the market at a stronger rate than new properties become available to sell.
RICS Northern Ireland Residential Property Spokesman, Samuel Dickey, said: "Surveyors are telling us that demand remained strong in the local housing market in June, whilst supply remains restricted. Almost inevitably, this is creating upward pressure on prices.
"As always, we would anticipate a lull in activity during July, but respondents remain relatively optimistic about sales over the next three month period."
(CD/JP)
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09 August 2018
Housing Market Confidence Remains High
Confidence in Northern Ireland's housing market remains higher than elsewhere in the UK, according to the latest Royal Institute of Chartered Survors (RICS) and Ulster Bank Residential Market Survey. This is in contrast to other regions, particularly London, where sales expectations are in negative territory regarding the next 12 months.
Housing Market Confidence Remains High
Confidence in Northern Ireland's housing market remains higher than elsewhere in the UK, according to the latest Royal Institute of Chartered Survors (RICS) and Ulster Bank Residential Market Survey. This is in contrast to other regions, particularly London, where sales expectations are in negative territory regarding the next 12 months.
19 February 2014
Property Prices Under Half Their Peak Value
The prices of residential property sold today in Northern Ireland are under half of their 2007 peak value, according to the latest figures from the Northern Ireland Statistics & Research Agency. The stats show a 54% fall in the value of properties since the peak in 2007.
Property Prices Under Half Their Peak Value
The prices of residential property sold today in Northern Ireland are under half of their 2007 peak value, according to the latest figures from the Northern Ireland Statistics & Research Agency. The stats show a 54% fall in the value of properties since the peak in 2007.
10 February 2011
Harsh Winter 'Moderates NI Rentals'
Anxiety over falling house prices, job security and obtaining an affordable mortgage continued to prop up rental values in Belfast in 2010. However, a new report also revealed today that after the hefty 7% jump in private rent prices recorded over the first nine months of 2010, prices fell by 4.
Harsh Winter 'Moderates NI Rentals'
Anxiety over falling house prices, job security and obtaining an affordable mortgage continued to prop up rental values in Belfast in 2010. However, a new report also revealed today that after the hefty 7% jump in private rent prices recorded over the first nine months of 2010, prices fell by 4.
14 April 2015
Rise In NI House Prices
Northern Ireland house prices increased by 14.2% in the year to February, according to the Office for National Statistics (ONS). At £152,000 on average, properties are still approximately 43% below their 2007 peak. Annual house price increases in England were driven by an annual increase in the East of 10.7% and in London of 9.4%.
Rise In NI House Prices
Northern Ireland house prices increased by 14.2% in the year to February, according to the Office for National Statistics (ONS). At £152,000 on average, properties are still approximately 43% below their 2007 peak. Annual house price increases in England were driven by an annual increase in the East of 10.7% and in London of 9.4%.
01 October 2002
House prices show steady rise in confident market sector
The latest quarterly house price index produced by the University of Ulster reports that house prices in Northern Ireland remain buoyant and confidence in the sector is high. The average house price has increased by just over 8.2% and the average sale price has risen to £95,000.
House prices show steady rise in confident market sector
The latest quarterly house price index produced by the University of Ulster reports that house prices in Northern Ireland remain buoyant and confidence in the sector is high. The average house price has increased by just over 8.2% and the average sale price has risen to £95,000.
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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.
