[Northern Ireland House Prices up 14% YoY]

Article from Richard Ramsey in the Irish News:

https://www.irishnews.com/business/2021/09/07/news/richard-ramsey-the-northern-ireland-housing-market-is-becoming-survival-of-the-richest--2437007/?fbclid=IwAR1ksiKTj-WCx695KXllSi8OJ90elkGba0lq628SsGvntD3Fj_J_6prfkkQ

I know there was some discussion on here previously around the impact of GB sellers moving to NI.  He quotes a figure of 2000 transactions annually - seems high?

[Flipping]

Hi all,

Long time reader of this forum, thought I would highlight another example of flipping:

From £185K http://residential.btwshiells.com/property_specific.aspx?ID=2025

To £400K http://www.propertynews.com/Property/BELFAST/BTWEBBTWEB33694/4-Green-Road/

I remember seeing the original listing when I was looking in BT5 about 6 or 7 months ago.

Within my own area (BT5), there has definitely been an increase in demand / prices in semis and detached in nice areas over the last few months. Someone made a comment in another thread about very specific local demand in BT9, and I would agree with that in parts of the East. Decent houses in nice areas seem to be selling quickly and for (imo) high prices. Worrying for most of us, but there seems to be no shortage of people willing to pay big money to live in these areas.

Now up for £425K

http://www.templetonrobinson.co.uk/Property/belfast/TRETRE73407/4-green-road/1208639/

[Flipping]

Hi all,

Long time reader of this forum, thought I would highlight another example of flipping:

From £185K http://residential.btwshiells.com/property_specific.aspx?ID=2025

To £400K http://www.propertynews.com/Property/BELFAST/BTWEBBTWEB33694/4-Green-Road/

I remember seeing the original listing when I was looking in BT5 about 6 or 7 months ago.

Within my own area (BT5), there has definitely been an increase in demand / prices in semis and detached in nice areas over the last few months. Someone made a comment in another thread about very specific local demand in BT9, and I would agree with that in parts of the East. Decent houses in nice areas seem to be selling quickly and for (imo) high prices. Worrying for most of us, but there seems to be no shortage of people willing to pay big money to live in these areas.