Northern Ireland property prices rose in August

By Christine Farrell

Property prices in Northern Ireland increased in the month of August according to the majority of surveyors who took part in the latest Royal Institute of Chartered Surveyors study.

Most surveyors who were polled said there was an increase in house sales in Northern Ireland over the summer, and they expect even more activity on the property market in the autumn. While the majority of the surveyors said they witnessed house value increases in August, most do not believe that there will be any movement on prices during the rest of the year.

For now most home owners and first time purchasers are just relieved to hear that Northern Ireland property values are no longer falling, and the restored confidence in the market is evident in the increase in house sale transactions.

If you are buying, selling or remortgaging a house in Northern Ireland, and require a conveyancing solicitor to handle the legal process for you, contact Wilson Nesbitt in Belfast by calling 0800 840 9290.