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08/06/2022
NI House Prices Increase Most In UK
House prices in Northern Ireland have risen the most compared to the rest of the UK.
NI had the strongest annual house price inflation in May, increasing by 15.2%, according to new figures.
The average house price in NI is currently £185,386.
The average house price hit £289,099 in May across the UK, but the market is showing signs of cooling, according to an index.
Russell Galley, Halifax managing director, said: "The average cost of buying a home in the UK is up 1%, or £2,857, on last month, and has now risen for 11 consecutive months.
"Annual growth also remains in double digits, at 10.5%, although this is the slowest rate of growth seen since the start of the year."
NI had the strongest annual house price inflation in May, increasing by 15.2%, according to new figures.
The average house price in NI is currently £185,386.
The average house price hit £289,099 in May across the UK, but the market is showing signs of cooling, according to an index.
Russell Galley, Halifax managing director, said: "The average cost of buying a home in the UK is up 1%, or £2,857, on last month, and has now risen for 11 consecutive months.
"Annual growth also remains in double digits, at 10.5%, although this is the slowest rate of growth seen since the start of the year."
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NI house prices rise dramatically
House prices in Northern Ireland are now rising at more than 32% a year, according to a survey of local residential property sales.
NI house prices rise dramatically
House prices in Northern Ireland are now rising at more than 32% a year, according to a survey of local residential property sales.
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Northern Ireland WeatherThis Evening and Tonight:Dry with clear skies this evening. Patchy cloud will increase at times overnight, but some clear spells too. Light winds and some patchy shallow mist or fog towards dawn. Minimum temperature 2 °C.
