Northern Ireland Housing Market Continues Strong Performance

📆 6/1/2568 17:57:00
📰 BelfastLive

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Real Estate ข่าว

Housing Market,Northern Ireland,Property Prices

The Northern Ireland housing market has once again outperformed the rest of the UK, with property prices rising by 7.1% in 2024. This strong growth is attributed to a low supply of new homes and high buyer demand, fueled by easing interest rates and a positive economic outlook. Experts predict further price increases in the coming year, although stamp duty changes are expected to create short-term volatility.

The Northern Ireland housing market has outperformed all other regions of the UK for the second year running, according to latest figures from Nationwide.

The strong performance for the Northern Ireland market chimes with a range of other housing market reports which put the gains down to a continued lack of new supply. With little chance of that situation changing in the short term, further price rises in the year ahead are expected, particularly with impending tax changes on the horizon.

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