House prices in Northern Ireland are still increasing, but the pace of incline has slowed, according to the latest report from Ulster University.
It reflected high levels of demand with eager competing for a diminishing pool of houses for sale which has led to expectations for a continued rally into this year despite the widely flagged inflationary pressures.
The Ulster University House Price Index, which assesses prices reported by estate agents, climbed 8.3% in the fourth quarter of 2021 compared to the same time the previous year, a move which puts the average price of a house in the province at £198,890.
