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Property prices
Comments
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qwert_yuiop said:Relevant if you’re thinking of buying, as I am.
I’m told a lot of builders are sitting on sites these days. Material costs have gone up so much and selling prices have slipped a bit recently. It doesn’t make sense to build and not make a decent profit.
And RE: developers holding on to sites, we've seen that happen before. They'll just sit on having a site until a more profitable time.
Understandable really.
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qwert_yuiop said:The report on third quarter will be the illuminating one.
Prices went UP
https://www.finance-ni.gov.uk/sites/default/files/publications/dfp/ni-hpi-statistics-press-notice-q3-2023.pdf
https://www.irishtimes.com/business/economy/2023/10/10/northern-ireland-property-prices-rise-by-57-in-a-year/
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