Northern Ireland was the only region of the UK to record an annual increase in average house prices in June, according to the latest report from building society Nationwide.
Its widely-watched house price index showed the cost of a property increased by 0.7% last month compared to June 2022 while all other 11 UK regions saw prices fall by as much as 4.7%.
The move confirms evidence in other recent house price surveys that Northern Ireland’s residential market is proving strong in the face of a raft of pressures from soaring inflation, rising interest rates and jitters around the UK economy.
