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19/08/2014
NI House Prices Rise 4.9%
House prices in Northern Ireland have risen 4.9% during the year to June, according to data released by the Office for National Statistics (ONS).
House price annual inflation was 10.7% in England, 3.5% in Wales and 6.0% in Scotland.
ONS data shows that UK house prices increased by 10.2% overall in the year to June 2014, indicating a drop from the 10.4% increase seen in the year to May 2014.
Prices in London continue to show the highest growth out of all UK regions.
Annual house price increases in England were driven by an annual increase in London of 19.3% and increases in the South East (9.7%) and the East (7.9%).
Excluding London and the South East, UK house prices increased by 6.3% in the 12 months to June 2014, the data said.
The ONS figures show that in June 2014, prices paid by first-time buyers were 12.0% higher on average than in June 2013. For owner-occupiers, prices increased by 9.5% for the same period.
(IT/CD)
House price annual inflation was 10.7% in England, 3.5% in Wales and 6.0% in Scotland.
ONS data shows that UK house prices increased by 10.2% overall in the year to June 2014, indicating a drop from the 10.4% increase seen in the year to May 2014.
Prices in London continue to show the highest growth out of all UK regions.
Annual house price increases in England were driven by an annual increase in London of 19.3% and increases in the South East (9.7%) and the East (7.9%).
Excluding London and the South East, UK house prices increased by 6.3% in the 12 months to June 2014, the data said.
The ONS figures show that in June 2014, prices paid by first-time buyers were 12.0% higher on average than in June 2013. For owner-occupiers, prices increased by 9.5% for the same period.
(IT/CD)
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Rise In NI House Prices
Northern Ireland house prices increased by 2.6% in the year to April 2014, according to the latest report from the Office for National Statistics. Although prices are rising again, the increase was still behind a 9.9% rise in the UK. House price annual inflation was 10.4% in England, 3.3% in Wales and 4.8% in Scotland.
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
