Construction News

30/06/2010

Further Fall For NI House Prices

House prices continue to fall in Northern Ireland, a new survey has revealed.

Figures released by the Nationwide building society indicate that the housing market in NI is the weakest of any in the UK.

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Prices have dropped by 5.7% during the second quarter of 2010, compared to a 1% drop in the first three months, the report found.

The survey suggests the average price of a house in Northern Ireland is now £128,846.

(NS/BMcC)

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