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Category: Property market news

22nd November 2017
Government to stamp out gazumping

Government to stamp out gazumping

Ministers are reviewing regulations that will bring an end to time-wasting offers and will look at introducing new rules to stop people from cutting their offer at an advanced point in a sale. Newly released figures suggest that as many as one in eight transactions this year have been subject to gazumping, being sold at […]
14th November 2017
One third of NI people say “Not in my backyard”

One third of NI people say “Not in my backyard”

A third of NI’s NIMBYs admit to being frustrated that the next generation can’t afford to buy their own home, according to the latest research by the Federation of Master Builders (FMB). The FMB’s UK-wide research into NIMBYs (‘not-in-my-back-yarders’), or in other words people who tend to take an anti-development view to new homes being […]
27th June 2017
Retail property sales to increase after Brexit slide

Retail property sales to increase after Brexit slide

Numerous retail development plans were postponed last year due to the announcement of the Brexit vote. However, authorities are forecasting that the conclusion of 2017 will see an improvement in activity and sales, a new report has said.  Commercial property firm Colliers believes that retail investment market has decreased by over 50% since 2014 in […]
12th June 2017
The Northern Ireland housing market is in very good shape but supply challenge remains an issue

The Northern Ireland housing market is in very good shape but supply challenge remains an issue

By Natalie Clarke, Managing Director of Natalie Clarke Residential Twelve months has passed since the Brexit result and the economy is probably in a better place than many had expected. There are undoubtedly challenges now and even more challenges to come, but apart from perhaps a bit of a pause for thought, the Northern Ireland housing […]
11th April 2017
NI House Prices Rise 5.7% in last 12 months

NI House Prices Rise 5.7% in last 12 months

Northern Ireland house prices reached record levels in February after increasing by £12,000 on average over the past year, according to official figures. Property values increased by 5.8% year-on-year to reach a record of £218,000 typically across the UK, figures compiled jointly by the Office for National Statistics (ONS), the Land Registry and other bodies […]