Estate agents said house prices in Northern Ireland continued to rise last month despite growing inflationary pressures, an industry body has said.
RICS (the Royal Institute of Chartered Surveyors) said a slim majority of agents reported rising prices over the last three months of the year, although the increase is at the slowest rate since May 2020.
The dent to sentiment has been blamed on concerns around recession which is dissuading potential homebuyers from making major financial decisions, as well as continuing tightening of household budgets due to inflationary pressures and rising interest rates.
