The latest research from Ulster University shows that the average house price in Northern Ireland is at its highest level for over a decade. Latest analysis indicates that the average price of houses sold throughout the third quarter of 2019 was £171,763. This is a 5% increase when compared to the same period last year. It is also an increase of 5.7% when compared to the second quarter of 2019.
House prices in Northern Ireland have risen over the past year. The average house price in Northern Ireland has increased by 3.4%. This growth is higher than what any other area of the UK witnessed. According to Nationwide Building Society, £144,053 is now the average price paid for a house in Northern Ireland.
Northern Ireland house prices are the most confident in the UK after five years of growth and a prediction of further growth. An Ulster Bank & Royal Institution of Chartered Surveyors (RICS) survey of the residential market suggests that these figures do not match the peak of 2007. A further study from the Land & Property […]