House prices in NI surge at twice the pace of London

Former house of professional golfer Rory McIlroy
House prices in Northern Ireland surged at more than twice the pace of growth in London over the last year, official figures show. Prices in Northern Ireland recorded an upswing of 10.5 per cent over the last year. Values in London have pushed up at less than half this rate, by 4.7 per cent, the Office for National Statistics (ONS) said. The average price in Northern Ireland is £152,000, which is 43 per cent below the 2007 peak. The typical price in London is £503,000 - 40 per cent higher than the pre-downturn peak. Property prices in Northern Ireland[...]

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