NI is the UK’s property hotspot

Northern Irish property prices are growing at four times the rate of the UK average rise.Fionnuala Earley, Nationwide’s group economist:

“Prices increased by 4.8 per cent in the final quarter of the year – more than three times the quarterly growth rate for the UK. Affordability in Northern Ireland deteriorated more than anywhere else in the UK in 2005. Yet it still remains one of the more affordable areas for first time buyers,”

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