Buoyant NI housing market contrasts with other United Kingdom regions

The number of homes on the market is hovering around a record low level

Other main findings include an increased sales expectation in August of +61 per cent - one of the most positive in the United Kingdom - although price expectations dipped back to +39 per cent, presenting a more modest reading compared to the previous month.

The house price balance in the United Kingdom rose unexpectedly in August, the latest survey from the Royal Institution of Chartered Surveyors showed on Thursday.

The housing market is proving more resilient outside London and the South East, according to a study.

In London and the South East, surveyors were particularly likely to feel that homes on the market are overpriced.

Highlighting those variations, he said, was the "significant" rise in interest in new build homes over existing or resold housing stock, and a rise in average prices in rural areas of 6.3% in the past year, compared to 3.7% for urban areas.

Utah high school teacher on leave after sending home 'questionable' sexuality survey
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Radiotherapy Devices Market Estimated to Flourish at CAGR 6.5% During 2017
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Hartford Financial Services Group, Inc
In the most updated research from a number of analysts on Wall Street, the company gets 6 Buys and 0 Sell among 17 analysts. It has underperformed by 6.78% the S&P500. (The) from a "hold" rating to a "buy" rating in a report on Friday, June 2nd.

The main findings of the survey include a headline price balance for Northern Ireland of +51%, meaning that 51% more surveyors said that prices rose in the past three months than those who said they fell. In Central London, respondents were the most negative about price growth since 2008, and prices are expected to pick up everywhere in the next 12 months except the capital.

August saw little change at the national level to buyer enquiries with the broadly flat trend extending into its ninth straight month. But RICS said the reading was consistent with only a marginal rise in national prices. As such, nationally, sales have not seen any growth since November 2016.

"Although there are some signs that the wider South East is also losing some momentum, anecdotal evidence suggests the impact is very location specific".

"Overall, house price growth would seem to be in line with market expectations, although as that's an average figure across the board that's more of a broad indicator than anything else".


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