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16/12/2014
NI House Prices Continue To Rise
New figures from the Office for National Statistics (ONS) have revealed that house prices in Northern Ireland rose by 4.5% in the year to October.
The figures show that the average price of a typical house in Northern Ireland is currently around £137,000, a price comparable to mid-2005.
The ONS figures, based on data from mortgage completions, shows that house prices have increased in 14 of the last 16 months.
The figures also show that the UK average stood at 10.4%, however it is understood that this figure is "skewed" by an increase of more than 17% in London.
(MH/CD)
The figures show that the average price of a typical house in Northern Ireland is currently around £137,000, a price comparable to mid-2005.
The ONS figures, based on data from mortgage completions, shows that house prices have increased in 14 of the last 16 months.
The figures also show that the UK average stood at 10.4%, however it is understood that this figure is "skewed" by an increase of more than 17% in London.
(MH/CD)
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Northern Ireland WeatherThis Evening and Tonight:A fine end to the day with some evening sunshine. It remains mainly dry overnight with a touch of frost or fog patches possible in places. However, cloud is expected to increase towards dawn with the odd light shower. Minimum temperature 2 °C.
