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NI housing market: How much your home is worth

House price increases all over Northern Ireland are partly driven by demand following changes to our lives during the pandemic. But Michael McCord thinks supply will remain a big issue.

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Dr Michael McCord

Dr Michael McCord

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A year since the closure of the housing market during the first lockdown of 2020, the market has fully regained the momentum which it had been starting to show in late 2019.

Reopening of the market in June last year prompted unprecedented levels of demand, buyer enquiries and bidding, on a par with the housing bubble of 2007. In fact, quarter-on-quarter house price growth is now the highest since the previous boom period 14 years ago.


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