Quarterly house price index shows rise in average price
By Simon Cunningham
THE average cost of a house in Northern Ireland rose 5.2 per cent in the past year, according to the latest survey.
The Ulster University quarterly house price index found the average price of a new home to be £141,173 over the three months to the end of September.
The report, produced with Bank of Ireland and the Northern Ireland Housing Executive found that although the market continued to recovery, average prices had risen by just 0.3 per cent compared to the second quarter of the year.