Housing market continues to show strength as data reports another uplift

Average Northern Ireland house prices were up 4% in first quarter to £178,499

Northern Ireland’s housing market has continued to show its strength after latest government figures revealed another uptick in prices in the first quarter of the year.

Its data is considered the most accurate given it uses stamp duty information recorded by HMRC. It concurs with recent surveys from Ulster University, PropertyPal and Nationwide while also reported an uplift. That slide may be a correction from the sharp increase in prices in the region during and in the aftermath of the Covid-19 pandemic when demand spiked for second homes and from those able to work from more remote locations.

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