Northern Ireland house prices rise by 3.5% in a year
- Published
House prices in Northern Ireland between April and June were 3.5% higher than the same time last year.
The average house price in Northern Ireland between April and June was £136,767, according to the Northern Ireland Statistics and Research Agency.
That is 0.8% higher than the first quarter of the year.
The lowest average house price was £120,226 in Armagh City, Banbridge and Craigavon and the highest was £163,466 in Lisburn and Castlereagh.
Price growth also varies across different parts of Northern Ireland.
For example Newry, Mourne and Down saw prices rise by 4.7%, whereas Fermanagh and Omagh saw the biggest decrease, with prices down 1.5%.
The type of property also affects price growth.
For example, detached, semi-detached and terraced properties all saw prices rise since the start of the year.
The only type of property that saw prices fall was apartments, down by 0.3%.
Five thousand two hundred and ten residential properties were sold between April and June.
- Published22 May 2019