Construction Ireland Construction Directory
Time and date
CONSTRUCTION DIRECTORY
Share this page
Construction News
08/10/2015

Rise In NI House Prices

Construction News Image
Northern Ireland house prices are continuing to rise according to the latest RICS and Ulster Bank Residential Market Survey.

They are also expected to increase again in the next three months.

RICS Northern Ireland Residential Property Spokesman, Samuel Dickey, said: "Activity appears to have been picking up marginally, and surveyors expect a further increase. Indeed, buyer demand is strengthening.

"However, the ongoing lack of new instructions continues to be an issue, which will likely limit activity and push prices higher. RICS expects Northern Ireland house prices to rise by average of 11% during the course of 2015."

-- Advertisement --

Derek Wilson, Head of Lending Products at Ulster Bank, said: "Mortgage lending in Northern Ireland picked up in the second quarter of the year according to the latest figures from the Council of Mortgage Lenders, and our experience at Ulster Bank is that the third quarter saw a further increase in activity.

"The levels of mortgage demand that we are currently experiencing also points to a strong few months ahead. As a bank, we offer choice to customers and to support them in getting a mortgage they can live with. That's why we have launched our biggest-ever range of mortgage options, with some of our lowest-ever rates."

Latest Construction News

25/04/2024

PJ Hegarty has welcomed students from University College Cork's Third-Year Civil, Structural and Environmental Engineering class to one of its major Cork projects. The opportunity granted some students their first experience on a construction site, offering them the chance to see theory put into ...
25/04/2024

Energia Group has welcomed the publication of the third Elevate Pledge Report produced by Business in the Community Ireland. Committed to providing an inclusive work environment that celebrates diversity and fosters professional learning and development opportunities, Energia Group has been a ...
25/04/2024

Allstate Northern Ireland has opened its new premises at the Innovation Centre in L'Derry as part of a £1.6 million investment in the North West over the next five years. The leading IT company relocated its operations to an office situated on the entire third floor of the Catalyst building, ...
25/04/2024

ESB Networks has announced that it has 1,000 MW (one Giga Watt) of electricity storage connected to Ireland's network. This figure includes 731.5 MW from battery storage projects alongside 292 MW generated by the Turlough Hill pumped storage power station, marking its 50th anniversary this year. ...
25/04/2024

The Government has launched a new €500 million low-cost Home Energy Upgrade Loan Scheme which is the first of its kind for both Ireland and the European Investment Bank (EIB) Group. This Government of Ireland Scheme is delivered by the Strategic Banking Corporation of Ireland (SBCI) on behalf of ...
25/04/2024

Calor has published important research that offers insights into the energy landscape of the manufacturing and production sectors across Northern Ireland. The survey, conducted on behalf of Calor Ireland, by Censuswide, reveals the challenges and possibilities confronting decision-makers as they ...
25/04/2024

Farrans Construction and its fit-out and refurbishment arm, FADO, have been named on Pagabo's £1.6 billion healthcare decarbonisation scheme. Great Ormond Street Hospital (GOSH) will act as the healthcare sector-specialist contracting authority for the framework, which is scheduled to operate for ...
25/04/2024

Donegal County Council with the support of Transport Infrastructure Ireland has launched a public consultation on the Carrigans to Lifford Greenway Project. The project is currently at Phase 1 (Concept & Feasibility), which includes the identification of a project Study Area and the key ...
25/04/2024

Significant progress has been made on a Uisce Éireann project in Croom that will improve the security and resilience of the drinking water supply for over 1,700 customers. The project, which began in December, entails building a 6 kilometre rising main to link Croom with the Limerick City water ...
25/04/2024

The Government is to invest €100 million to deliver more than 1,000 student accommodation beds. The funding will allow 493 new beds to be developed in UCD, and the progression of 405 new beds in DCU through tender stage and 116 new beds in Maynooth University to construction. In exchange for ...
Spratt Fireplaces & Stoves Centre LtdFernhill StoneVision Creative StudiosBathroom Store OnlineAdonis Safety TrainingSiteCrew LTDWestermans International LtdEverest Safety EliteR & M Buckets LtdLoocube.ie
Terms and Conditions
2024/04/25 20:59:52