NI house prices largely unchanged

Published Tuesday, 09 October 2012
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House prices in Northern Ireland have remained unchanged over the past three months.

NI house prices largely unchanged
For sale signs in Northern Ireland. (© Pacemaker)

The latest release from the Royal Institution for Chartered Surveyors said two thirds of respondents reported that prices stayed the same during the period ending September.

Meanwhile 40% of those who took part in the report said prices had fallen.

Over the next three months, prices are expected to stay steady.

Tom McClelland of RICS NI said: "We are seeing some seasonal adjustments in the market, but on the whole, the overall pattern remains largely the same, with the micro and macro-economic conditions remaining challenging and continuing to impact on confidence.

"However, there continues to be variation within the market, with some areas and property types continuing to have significantly better experiences than others."

© UTV News
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