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Tag: NI Property market

Millionaire houses for sale in Northern Ireland

Sales of £1million homes in Northern Ireland have increased since the start of 2020 despite lockdown, according to new data from Savills and TwentyCi. If you are looking for a millionaire mansion, now might be a good time to start your search!

The rooftops of houses with an orange sky behind them. Image used in the Housing market in Northern Ireland is gaining strength blog post

Housing market in Northern Ireland is gaining strength

According to a key survey, the housing market in Northern Ireland has bounced back after a 3-month lockdown with a rebound in activity and interest. Today’s report from the Royal Institution of Chartered Surveyors (ROCS) and Ulster Bank highlighted that there has been a rise in enquiries from new buyers and an increase in new sales.

This image depicts a row of houses. Image used in the Average Northern Ireland house price at 10 year high blog post.

Average Northern Ireland house price at 10 year high

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 soar

House prices in Northern Ireland soar

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.