Menu
09/08/2018
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.
NI house prices have also continued to move upwards according to respondents, with a net balance of +60% of surveyors saying that they had seen a rise in the past three months.
Northern Ireland surveyors also remain positive about the outlook for prices in the coming months with a net balance of 36% saying they expect a rise in the next quarter and a net balance of 77% saying they expect house prices to be higher this time next year.
Samuel Dickey, RICS Residential Property Spokesman said: "Unlike in other parts of the UK, surveyors in Northern Ireland are seeing prices rising and are remain confident about the outlook. With houses in Northern Ireland more affordable than elsewhere, people continue to want to buy their own home. The main challenge though is that there are not enough properties to meet the demand."
(CD/MH)
This is in contrast to other regions, particularly London, where sales expectations are in negative territory regarding the next 12 months.
NI house prices have also continued to move upwards according to respondents, with a net balance of +60% of surveyors saying that they had seen a rise in the past three months.
Northern Ireland surveyors also remain positive about the outlook for prices in the coming months with a net balance of 36% saying they expect a rise in the next quarter and a net balance of 77% saying they expect house prices to be higher this time next year.
Samuel Dickey, RICS Residential Property Spokesman said: "Unlike in other parts of the UK, surveyors in Northern Ireland are seeing prices rising and are remain confident about the outlook. With houses in Northern Ireland more affordable than elsewhere, people continue to want to buy their own home. The main challenge though is that there are not enough properties to meet the demand."
(CD/MH)
Related Northern Ireland News Stories
Click here for the latest headlines.
19 April 2010
Northern Ireland Airspace Remains Closed
Flights from NI are again 'up in the air' today as travellers are being advised not to turn up at airports at all as UK airspace remains closed due to the Icelandic volcanic ash cloud.
Northern Ireland Airspace Remains Closed
Flights from NI are again 'up in the air' today as travellers are being advised not to turn up at airports at all as UK airspace remains closed due to the Icelandic volcanic ash cloud.
18 April 2007
Northern Ireland's unemployment rate remains low
Northern Ireland's unemployment rate remains below the UK average with output levels for manufacturing and services showing a larger annual increase than the UK. The Northern Ireland seasonally adjusted unemployment rate was 4.6% for the period December – February 2007. This is slightly higher than the rates of 4.2% and 4.
Northern Ireland's unemployment rate remains low
Northern Ireland's unemployment rate remains below the UK average with output levels for manufacturing and services showing a larger annual increase than the UK. The Northern Ireland seasonally adjusted unemployment rate was 4.6% for the period December – February 2007. This is slightly higher than the rates of 4.2% and 4.
17 January 2007
Northern Ireland unemployment rate remains low
Northern Ireland's unemployment rate remains below the UK average and the service sector’s annual output here is higher than the UK, a new report released today has revealed. The Northern Ireland seasonally adjusted unemployment rate was 4.2% for the period September – November 2006. The latest rate is below the UK average of 5.
Northern Ireland unemployment rate remains low
Northern Ireland's unemployment rate remains below the UK average and the service sector’s annual output here is higher than the UK, a new report released today has revealed. The Northern Ireland seasonally adjusted unemployment rate was 4.2% for the period September – November 2006. The latest rate is below the UK average of 5.
08 November 2011
Rate Of NI House Price Fall Slows
House prices are still falling in Northern Ireland according to the latest RICS (Royal Institution of Chartered Surveyors) and Ulster Bank Housing Market Survey. But the rate of price decline has eased, the survey suggests.
Rate Of NI House Price Fall Slows
House prices are still falling in Northern Ireland according to the latest RICS (Royal Institution of Chartered Surveyors) and Ulster Bank Housing Market Survey. But the rate of price decline has eased, the survey suggests.
13 April 2010
NI Housing Market Improves Slightly
The latest figures from the Royal Institute of Chartered Surveyors (RCIS) have indicated a slight improvement in the housing market in Northern Ireland. RICS found that transaction levels rose marginally in March.
NI Housing Market Improves Slightly
The latest figures from the Royal Institute of Chartered Surveyors (RCIS) have indicated a slight improvement in the housing market in Northern Ireland. RICS found that transaction levels rose marginally in March.
-
Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
