The first concrete signs that the rising cost of living is impacting the housing market in Northern Ireland has emerged from the latest industry report.
The RICS (Royal Institution of Chartered Surveyors) and Ulster Bank Residential Market Survey, which garners the thoughts of estate agents across the province, showed that the number of new buyer enquiries last month was at the lowest level for the last two years.
Agents said the number of newly agreed sales also fell in June but, despite the easing in demand, prices continued to push higher with 90% of agents reporting an uptick.
