Falling house prices help make Belfast most improved city

By Lauren Burns

A new report suggests that falling property prices have helped Belfast to the title of most improved city in the UK.

The 2014 'good growth for cities index' looks at the performance of cities in Northern Ireland and the rest of the UK in areas such as income, employment, work-life balance, health and travel to work time. Belfast was named the most improved city in the UK, and was also named the sixth best UK city in which to live and work. It was rated ninth last year.

The index is produced by PwC and think tank Demos, and chief economist at PwC, Dr Esmond Birnie, considers that "the recent steep fall in property prices has rebalanced Belfast's price/earnings ratio, thus making the city a particularly attractive location for investment, work and living."

If you are buying or selling a property in Belfast or anywhere else in Northern Ireland, and want to speak to a conveyancing solicitor about the legal process involved, contact Wilson Nesbitt in Belfast by calling 0800 840 9290.

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