House prices in Northern Ireland have eased lower on the back of rising inflationary pressures and concerns around the wider economy.
That’s according to the latest Northern Ireland Quarterly House Price Index from Ulster University which reported a 0.7% slide in prices in the first quarter of the year compared to the final quarter of 2022.
The average cost of a property in the province now stands at £203,326, with an erosion of real incomes said to be denting affordability for first time and existing homeowners alike.
