Advertisement

NI house prices up despite Brexit fears

There has been a rise in house prices in Northern Ireland over the past three months, according to the latest property survey.

It means the average price of a home here is now £123,241.

The figures were published in a report by the Statistics and Research Agency and the Land and Property Services on Tuesday.

It showed a 3.8% rise in the house price index - and said 4,075 residential properties were sold during the second quarter, April to June.

“All district council areas showed an increase over the quarter, except for Mid Ulster, Fermanagh and Omagh and Causeway Coast and Glens, where the index decreased,” the report said.

The greater Belfast area saw the biggest growth in prices, going up by almost one tenth over the year to £118,894.

The comparable rise in Derry City and Strabane was 9% to £102,715.

It comes amid a continuing trend in upward prices across the United Kingdom, despite fears of a downturn in the wake of the Brexit referendum.