The Northern Ireland Residential Property Price Index (NI RPPI), produced by the Department of Finance and Personnel’s Land & Property Services (LPS) in conjunction with the Northern Ireland Statistics & Research Agency (NISRA), is published on a quarterly basis.
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Arlene Foster said: "Although down slightly on the same period last year, this represents the second highest quarter two for completions since 2007. I believe there is continued confidence in the housing market, which is encouraging for the Northern Ireland economy.
"The figures in the report over the last quarter show a healthy 3% quarterly increase in the Index – with positive increases between 2% and 5% across all property types. The analysis shows that, viewed over the 12 month period, residential property prices continue to show steady progress, with an annual increase of 6%."
(CD/LM)
