{"id":784206,"date":"2026-02-23T18:33:33","date_gmt":"2026-02-23T18:33:33","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/784206\/"},"modified":"2026-02-23T18:33:33","modified_gmt":"2026-02-23T18:33:33","slug":"report-shows-northern-ireland-house-prices-up-45-since-pandemic-the-irish-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/784206\/","title":{"rendered":"Report shows Northern Ireland house prices up 45% since pandemic \u2013 The Irish News"},"content":{"rendered":"<p class=\"c-paragraph\">Northern Ireland house prices have risen nearly twice as fast as those in the UK since the Covid pandemic, a new study shows.<\/p>\n<p class=\"c-paragraph\">Smart Mortgage Insurance analysed the UK house price index and Department of Finance data, comparing the first quarter of 2020 with the 2025 fourth quarter averages.<\/p>\n<p class=\"c-paragraph\">The report shows that average residential prices across the north climbed from \u00a3133,173 in Q1 2020 to \u00a3193,247 by the end of 2025, representing a 45% increase over the five years and adding \u00a360,000 to the value of the typical home.<\/p>\n<p class=\"c-paragraph\">By contrast, UK average house prices rose just 27% over the same period<\/p>\n<p><a class=\"c-link\" href=\"https:\/\/www.irishnews.com\/news\/business\/husband-and-wife-founders-of-wilsons-yard-call-time-on-their-pioneering-salvage-story-6B6G5C5CWJBKZJIVGI64XKE7HI\/\" aria-hidden=\"true\" tabindex=\"-1\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" data-chromatic=\"ignore\" alt=\"Husband and wife founders of Wilson&#x2019;s Yard call time on their pioneering salvage story\" class=\"c-image\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/02\/QBQJOQTYKFAV7KO2UAFGVCHRQE.JPG\"  width=\"800\" height=\"450\"\/><\/a><a class=\"c-link\" href=\"https:\/\/www.irishnews.com\/news\/business\/derry-hospitality-boss-named-new-managing-director-of-belfasts-new-bedford-hotel-WBBFDRILPNG6JOQPCXNRIJHY5Y\/\" aria-hidden=\"true\" tabindex=\"-1\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" data-chromatic=\"ignore\" alt=\"Derry hospitality boss named managing director of Belfast&#x2019;s new Bedford Hotel\" class=\"c-image\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/02\/JIIXPT25DJHL3AHMM4G6RM362U.jpg\"  width=\"800\" height=\"450\"\/><\/a><\/p>\n<p class=\"c-paragraph\">Both Ards &amp; North Down and Derry City &amp; Strabane recorded the highest growth at 51% while Belfast recorded the lowest growth rate at 40%.<\/p>\n<p class=\"c-paragraph\">All 11 council areas in the north recorded double digit price growth, the report says.<\/p>\n<p><img decoding=\"async\" data-chromatic=\"ignore\" alt=\"Northern Ireland house prices have risen nearly twice as fast as those in the UK since the Covid pandemic, a new study shows. Smart Mortgage Insurance analysed the UK house price index and Department of Finance data, comparing the first quarter of 2020 with the 2025 fourth quarter averages.\" class=\"c-image\" loading=\"lazy\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2026\/02\/CF5BVEZKDNB6ZBKBSYDX3SJMXI.JPG\"  width=\"800\" height=\"592\"\/>Graph shows Northern Ireland council areas ranked by growth since pre-Covid (Gary) <\/p>\n<p class=\"c-paragraph\">Mike Curran, housing market analyst at Smart Mortgage Insurance, said: \u201cWhat stands out is not just the growth itself, but how Northern Ireland has outperformed the wider UK market. <\/p>\n<p class=\"c-paragraph\">\u201cWhile UK house prices rose by 27% over the same period, Northern Ireland saw a 45% increase \u2014 highlighting strong regional demand and structural shifts since 2020.\u201d<\/p>\n<p class=\"c-paragraph\">And he added: \u201cBut NI Water\u2019s recent recommendation to refuse plans for 15,000 homes over wastewater capacity is a serious red flag, because if development slows as a result, reduced supply will only add further upward pressure to house prices across Northern Ireland.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Northern Ireland house prices have risen nearly twice as fast as those in the UK since the Covid&hellip;\n","protected":false},"author":2,"featured_media":784207,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5011],"tags":[1269,6792,1144,2887,16,15],"class_list":["post-784206","post","type-post","status-publish","format-standard","has-post-thumbnail","category-northern-ireland","tag-house-prices","tag-mortgages","tag-northern-ireland","tag-pandemic","tag-uk","tag-united-kingdom"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116121384324057599","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/784206","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=784206"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/784206\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/784207"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=784206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=784206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=784206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}