| 2.8°C Belfast


Editor's Viewpoint

The news is all good on the homes front for NI

Viewpoint


Close

While lockdown and fears of the impact of Brexit had many fearing a negative impact on house prices, the reality is that buyers are keen to get their hands on the right properties

While lockdown and fears of the impact of Brexit had many fearing a negative impact on house prices, the reality is that buyers are keen to get their hands on the right properties

While lockdown and fears of the impact of Brexit had many fearing a negative impact on house prices, the reality is that buyers are keen to get their hands on the right properties

The Northern Ireland property market is showing tremendous resilience given the sale of Ireland's most expensive semi-detached property for £1.5m in Bangor.

This might seem an exorbitant price but this high-end property in an exclusive development is no ordinary semi and that is the theme running through property sales in the province at the moment.

While lockdown and fears of the impact of Brexit had many fearing a negative impact on house prices, the reality is that buyers are keen to get their hands on the right properties.

Homes are changing hands quickly and while prices are strong the market is far from the crazy heights reached in the early part of this century which led to the big property crash of 2007.

One unforeseen factor noticed by estate agents is the return of people from London, cash rich from selling their home there, and settling back in the province as home working is the new normal.

The good news is that the housing market is vibrant but the growth is sustainable.

Belfast Telegraph


Top Videos



Privacy