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Birmingham Post
Birmingham Post
Business
David Elliott

Northern Ireland house price rally eases but tight supply picture underpins

Fermanagh Omagh PropertyPal

Upward momentum in the Northern Ireland property market has waned slightly as buyer interest slows, but prices are still heading higher.

That is the message from online portal PropertyPal’s latest report which showed the average price of a house in the province climbed by 5.2% in the second quarter of 2022 compared to the same period last year, and just 2.4% compared to the first quarter.

It put the average price of a property at £187,900, ranging from £220,700 in Ards & North Down to £153,800 in Fermanagh & Omagh.

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