Property Values in Northern Ireland
Watters Property Sales in Fermanagh
22nd February 2017
Property values in Northern Ireland edged up by less than one percentage point to an average of £129,385 during the last quarter of 2016, Nationwide Building Society said.
The 0.7 per cent rise was the second lowest in the UK behind the north of England, where prices were effectively flat (up 0.1 per cent) this year.
That was a much more subdued performance in Northern Ireland than in the previous quarter, when prices were up 2.4 per cent against the year before.
And experts are warning that "real tests" will come in the housing market early in the New Year amid uncertainty over unemployment, inflation and the wider economy post-Brexit.
In the UK as a whole, property prices increased by 4.5 per cent in 2016 as the average price stood at £205,898 in December (a 0.8 per cent month-on-month increase), according to Nationwide.
We have noticed that property for sale in Enniskillen and property to rent in Enniskillen area is on a high. Very little is coming onto the market, we are called daily with people leaving details in hope to get first change of property coming on in the Fermanagh and Tyrone areas.
Watters Property Sales is one the top estate agents in Enniskillen and Fermanagh with our Facebook likes going up on a daily basis and record selling prices in short selling periods.
If you are looking to sell or rent then give us a call on 028 895 22800.