Dec 02 2021 12:20:00

What happened in the NI housing market during November?

PropertyPal's chief economist Jordan Buchanan gives us a snapshot of November sales activity.

• Price growth has moderated for 5th consecutive month to 5.3% YoY (vs 7.9% back in June)
• New supply is broadly keeping pace with this time last year but a lot more required to fill the gap with total stock down 43%
• There were 2,220 newly agreed sales in November. This is down 12% vs 2020 levels but 5% higher than the 3 year pre-pandemic average for the month. Enquiry levels on PropertyPal are 16% higher than this time last year.

Are you thinking of selling your home in the New Year?

With a scarcity in supply and demand at an all time high.

Why not contact us for a Free valuation and get your home ready to put to the market!

Tel: 028 30 868 404

Email: aaron@Kernanpropertyservices.com