{"id":530209,"date":"2025-10-27T01:29:17","date_gmt":"2025-10-27T01:29:17","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/530209\/"},"modified":"2025-10-27T01:29:17","modified_gmt":"2025-10-27T01:29:17","slug":"northern-ireland-house-prices-rise-twice-as-much-as-next-highest-area-in-uk-despite-early-market-slowdown-the-irish-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/530209\/","title":{"rendered":"Northern Ireland house prices rise twice as much as next highest area in UK despite early market \u2018slowdown\u2019 \u2013 The Irish News"},"content":{"rendered":"

House prices in the north<\/a> are up almost 8% on last year at a rate of more than double the rise seen in the next highest region of the UK, despite an early market \u201cslowdown\u201d ahead of Christmas. <\/p>\n

Property website Zoopla<\/a> said that the usual dip in house sales noted towards the end of the year has started early across the UK, but prices in Northern Ireland remain \u201crobust\u201d.<\/p>\n

Data on agreed sales in September this year showed that house prices in the north rose by 7.6% when compared to the same period last year. <\/p>\n

Read more: <\/b>Southern earners are moving to Northern Ireland for cheaper homes<\/b><\/a><\/p>\n

\"Hundreds<\/a>\"Ex-paratrooper<\/a><\/p>\n

The areas with the next highest price jump were England\u2019s north-west at 3% and Scotland at 2.7%. <\/p>\n<\/p>\n

However, areas like London saw price growth of just 0.1%, while England\u2019s south-west experienced a fall in prices of 0.1%.<\/p>\n

Zoopla said that the annual end-of-year dip in sales has been amplified by a strong final quarter in 2024, when many people rushed to complete sales before stamp duty discounts became less generous in April 2025.<\/p>\n

Its report said that uncertainty over the next government budget in November is acting as a drag on sales agreed, particularly for homes priced above \u00a3500,000.<\/p>\n

Some parts of Britain are seeing stronger sales than a year ago, such as Scotland, Yorkshire and the Humber, the South West and the West Midlands, Zoopla said.<\/p>\n

But Wales, the south east, east of England and London are experiencing a particularly sharp slowdown in new sales being agreed.<\/p>\n

\"AZoopla said that the usual pre-Christmas drop in house sales had started early this year PICTURE: ANDREW MATTHEWS\/PA <\/p>\n

They also said that house price growth has \u201cvirtually stalled\u201d across southern regions of England, limiting price increases.<\/p>\n

However, price growth remains \u201crobust\u201d in areas including Northern Ireland, Scotland, Wales and northern regions in England, it said. <\/p>\n

While the market for new business has started to slow, Zoopla estimated there is a pipeline of nearly 350,000 homes across the UK, valued at over \u00a3100 billion, working through the sales process.<\/p>\n

It said this is the biggest pipeline in over four years, since May 2021 \u201cwhen the pandemic boom was in full swing\u201d.<\/p>\n

The report said: \u201cStability in mortgage rates has brought more sellers into the market, many of whom are also buyers, alongside strong demand from first-time buyers.\u201d<\/p>\n

The website used its own data to make the sales pipeline estimate for the UK market.<\/p>\n

Richard Donnell, executive director at Zoopla, said: \u201cThe housing market is experiencing a slowdown in activity but there are still serious sellers looking to buy homes and secure their next home purchase.<\/p>\n

\u201cThe housing market remains on track for the most housing sales since 2022 and house prices are set to end the year 1% to 1.5% higher than the start of 2025.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"House prices in the north are up almost 8% on last year at a rate of more than…\n","protected":false},"author":2,"featured_media":530210,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5011],"tags":[1269,1144,16,15,13318],"class_list":{"0":"post-530209","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-uk","11":"tag-united-kingdom","12":"tag-zoopla"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115443543323340479","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/530209","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=530209"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/530209\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/530210"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=530209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=530209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=530209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}