{"id":300722,"date":"2025-07-29T08:27:11","date_gmt":"2025-07-29T08:27:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/300722\/"},"modified":"2025-07-29T08:27:11","modified_gmt":"2025-07-29T08:27:11","slug":"northern-ireland-a-standout-says-zoopla-as-house-prices-jump-6-1-the-irish-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/300722\/","title":{"rendered":"Northern Ireland \u2018a standout\u2019 says Zoopla as house prices jump 6.1% \u2013 The Irish News"},"content":{"rendered":"

Housing market activity has ramped up in Northern Ireland compared with summer 2024, bucking the usual seasonal slowdown, according to property website Zoopla.<\/p>\n

Buyer demand is 11% higher compared with a year earlier, accompanied by an 8% increase in agreed sales, Zoopla said.<\/p>\n

Its figures compared the four weeks to June 20 2025 with the same period in 2024.<\/p>\n

The average UK house price was put at \u00a3268,400 – 1.3% higher than a year earlier.<\/p>\n

\"Northern<\/a>\"Feeling<\/a><\/p>\n

Although price growth is up from 0.4% last June, it has nearly halved from the 2.1% seen just six months ago in December 2024, according to the report.<\/p>\n

Scotland, Wales and northern England are generally experiencing faster house price inflation, typically between 2% to 3% annually, Zoopla said.<\/p>\n

But it said Northern Ireland is a \u201cstandout,\u201d with prices up by 6.1% to \u00a3186,500, and by 7.8% in Belfast, albeit from a lower base.<\/p>\n

Richard Donnell, executive director at Zoopla, said: \u201cWe\u2019re seeing healthy levels of demand and sales, but this isn\u2019t sparking faster price inflation.<\/p>\n

\u201cIn fact, more homes for sale, particularly across southern England, is re-enforcing a buyer\u2019s market, keeping price rises in check. Many more home buyers are paying stamp duty since April and want this extra cost reflected in the price they pay.<\/p>\n

\u201cWhile mortgage rates are holding steady, less stringent affordability testing has boosted buying power and is supporting more sales despite increased uncertainty.<\/p>\n

\u201cAt the start of the year, we predicted house prices would rise just 2%, at the lower end of forecasts for house price inflation. Prices are on track to be 1% higher over 2025, half the level forecast.<\/p>\n

\u201cGreater supply of homes for sale and mortgage rates remaining higher than expected are the key reasons for weaker growth. Low house price inflation is not a bad thing so long as there is enough market confidence for people to list their homes and make bids to buy homes.\u201d<\/p>\n

The website said that higher stamp duty costs in England and Northern Ireland, following the end of temporary reliefs in April, continue to act as a drag on house price inflation, adding that buyers will be looking to reflect increased stamp duty costs in what they offer for homes.<\/p>\n","protected":false},"excerpt":{"rendered":"Housing market activity has ramped up in Northern Ireland compared with summer 2024, bucking the usual seasonal slowdown,…\n","protected":false},"author":2,"featured_media":300723,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5011],"tags":[1269,1144,10786,1271,16,15,13318],"class_list":{"0":"post-300722","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-northern-ireland","8":"tag-house-prices","9":"tag-northern-ireland","10":"tag-property-prices","11":"tag-stamp-duty","12":"tag-uk","13":"tag-united-kingdom","14":"tag-zoopla"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114935578393596107","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/300722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=300722"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/300722\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/300723"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=300722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=300722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=300722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}