Northern Ireland House Sales Down 18% in 2023 as Rising Rates Cool Market
- House sales in Northern Ireland down 18% in first 9 months of 2023 vs 2022
- Rising interest rates have cooled UK housing markets by making mortgages more expensive
- Q3 2023 was busiest quarter so far but still 15% below Q3 2022
- NI house prices saw surprise 1.4% increase in Q2 2023 vs Q1, to £174,000 average
- Q3 2023 NI house price figures due next month