Thursday, Nov 20, 2008

I'd have settled for four-star

News Letter: House prices fall £46k in year

"IT could have been cheaper to stay in a five-star hotel for the last year than to own a house in Northern Ireland, according to dramatic figures released today. The University of Ulster's Quarterly House Price Index today reveals that the average house price in Northern Ireland has slumped by £46,881 over the last 12 months, meaning the average house has fallen in value by £128 a day." ... "Incredibly, according to the survey, at least 10 per cent of estate agents reported no sales during the three-month period and many other agents had less than five sales."

Posted by quiet guy @ 12:09 AM (288 views) Add Comment

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