Google




Sunday, July 30, 2006

N-Ireland house prices could soar by third

Northern Ireland house prices 'could soar by almost a third'

A newspaper in Northern Ireland is reporting a claim by a land agent that the average house price in the province could soar by 30 per cent over the coming year. Mark Patterson, a partner at land agents O'Connor Kennedy Turtle, has told the Belfast Telegraph that a number of multi-million pound residential property sales at auctions across Ulster are very significant.

The property boom, which is most evident in Belfast, Lisburn and the north coast, is being driven by developers keen to cash in on the buoyant housing market, according to Mr Patterson. He told the newspaper: 'We're witnessing high levels of confidence and there's little sign of this edging off.

'Since March, we've handled over £36 million worth of residential land sales - this peaked in the last couple of weeks of June when £20 million of land went under the hammer.' The Royal Institution of Chartered Surveyors states that 98 per cent of chartered surveyors operating in Northern Ireland's residential housing sector have reported price increases in the last quarter.

posted by Ben Jooste at 9:58 pm 0 comments



About Me

My Photo
Name: Ben Jooste
Location: London, London, United Kingdom

View my complete profile

My Sites

  • LTAP Website
  • LTAP For Investors
  • LTAP Free Newsletter & Alerts

Other Sites

  • Google News
  • The Radioactive Yak
  • London Computer Services
  • Simonstown Accommodation
  • Free Set of Videos Online Marketing

Previous Posts

  • Buying property via Tesco
  • Halifax data shows regional variation
  • UK House Price Inflation slowing
  • Houses rise by £8000 a month
  • UK should grow 2.9% this year, says IMF
  • House prices up by 10.9%
  • Home Buyer Exhibition London
  • London Property Portfolio
  • BOE keeps interest rates the same
  • House prices to rise by £1,000 per month in 2007

Archives

  • January 2006
  • February 2006
  • March 2006
  • May 2006
  • July 2006
  • August 2006
  • September 2006
  • October 2006
  • November 2006
  • December 2006
  • February 2007
  • March 2007
  • April 2007
  • July 2007
  • April 2008
  • March 2011

Powered by Blogger 2GB Hosting $7.95 Real Estate Blogs - Blog Top Sites Listed on BlogShares





Property Investment Specialists | Lets Talk About Property  Property Investment Specialists | Lets Talk About Property For Investors