By John CampbellHouse sales in Northern Ireland were down by 19% in the first quarter of 2023, official figures suggest.showed there were 5,400 housing transactions in the first three months of the year compared to 6,670 in the same period of 2022.
Housing markets across the UK have cooled as rising interest rates have made mortgages more expensive. That means the average house price is now back to roughly what it was in the middle of 2006, but is still well below the peak price of £225,000 at the height of the bubble in 2007.
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