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14/11/2017
Value Of Property Increases In NI
The value of property throughout Northern Ireland has increased, according to new figures.
The House Price Index revealed a six per cent rise over the past year.
A total of 5,453 residential properties were sold during the quarter.
RICS Residential Property Spokesman, Samuel Dickey, said: "We continue to see a relatively upbeat picture being painted of the Northern Ireland housing market, and surveyors anticipate that this will continue into 2018; albeit that there are some challenges for the market, including limited supply, alongside rising inflation and the fact that interest rates are edging upwards. What is clear though is that Northern Ireland’s housing market continues to display more positive sentiment than the UK average, with most other regions seeing both prices and activity flat or falling."
(CD)
The House Price Index revealed a six per cent rise over the past year.
A total of 5,453 residential properties were sold during the quarter.
RICS Residential Property Spokesman, Samuel Dickey, said: "We continue to see a relatively upbeat picture being painted of the Northern Ireland housing market, and surveyors anticipate that this will continue into 2018; albeit that there are some challenges for the market, including limited supply, alongside rising inflation and the fact that interest rates are edging upwards. What is clear though is that Northern Ireland’s housing market continues to display more positive sentiment than the UK average, with most other regions seeing both prices and activity flat or falling."
(CD)
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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.
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Northern Ireland WeatherToday:There will be a mixture of bright intervals and a few showers. Best of the sunny spells will be near the North Coast. Feeling on the cool side. Maximum temperature 10 °C.Tonight:Showers will gradually die out during the evening. A cold night with long clear spells leading to a touch of frost in places. Minimum temperature 0 °C.
