17/11/2017

Rise In NI House Prices

NI house prices in the third quarter of 2017 increased by 5.8%, according to a new report.

The data, released by the Ulster University, also revealed the overall average house price is £160,758.

Lead researcher, Professor Stanley McGreal from the Ulster University, said: "Concerns about uncertainty in the macro-economy, the potential impacts of Brexit and the lack of a functioning local Executive are having a diminishing effect on the private housing sector."

The report was produced in partnership with the with the Northern Ireland Housing Executive and Progressive Building Society.

(CD)

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