Wednesday, August 6, 2008
18.6% off semi-detatched prices in the last quarter
"The 4 percent drop was largely ``because the apartment sector, highly represented in the sample, appeared to be running counter to the overall trend, buoyed up by new high-profile schemes in Belfast,'' the report said. Semidetached house prices fell by 18.6 percent to 191,166 pounds in the second quarter from a year earlier, the sharpest decline of any area, the report said. Terraced and detached houses fell by 10.5 percent to 176,915 pounds and 311,804 pounds respectively."