Price fall for new NI houses

Published Tuesday, 24 January 2012
Comments
Toggle font size
Print

The price of new properties in Northern Ireland has gone down significantly compared to the same period last year, according to the latest figures.

The average cost of a new house fell by over £15,000 during the past three months, representing a drop of almost 10% from 2010.

Prices ranged from £106,000 in Belfast to £187,200 in Lisburn with an average of £152,900.

Flats and maisonettes sold at an average of £104,000, which is £5,000 or 5% lower than the same quarter ending September 2010.

Meanwhile sales of detached houses went down by 24% - a total of 636 were bought, representing a quarter of all new property sales.

The data was published in the Northern Ireland Housing Bulletin on Tuesday.

© UTV News
Comments Comments
1 Comments
Coimbatore Property in http://www.indianrealestateonline.com/Buy/Coimbatore/373 rajesh_shandran@yahoo.com wrote (107 days ago):
What might be reason behind the price decrease?
POST A COMMENT:
Name:  
Email address*:    
Location:  
Validation:
House Rules:  
Your Comment:  
[All comments are moderated and will not appear immediately. Your name, location and comment will be displayed on this page if your post passes moderation.]
CONSUMER COUNCIL
9 in 10 consumers in Northern Ireland are worried about the cost of their food and groceries.
MOST POPULAR GALLERIES