House prices in Belfast have risen again

You are viewing content from Q Newry and Mourne 100.5. Would you like to make this your preferred location?

Friday, 21 July 2017 07:29

By Adam Evans

There has been another rise in house prices in Belfast.

New figures show the average home now costs more than £130,000.

Hometrack says prices have risen by 4.3% in the last year.

It's estimated house price growth across the UK's major cities will be stronger this year than previously thought.

Richard Donnell from Hometrack said: "consumers are starting to feel more confident, we've got unemployment continuing to fall, got record low mortgage rates and that's encouraging slowly more people to come out into the housing market in cities where house price growth to date has been relatively low".