Follow @PoliticsIE
 
 
 
Results 1 to 5 of 5

Thread: Mixed messages from Housing Stats

  1. #1
    Politics.ie Member ArtyisBack's Avatar
    Join Date
    Sep 2009
    Location
    Coleraine
    Posts
    6,079
    Mentioned
    0 Post(s)

    Default Mixed messages from Housing Stats

    the lastest issue of the Statistics and Research Publications | Publications | About LPS | D F P (N I) is a mixed bag.

    Terraced properties are down 59%
    Semi Detached down 53.5% from peak
    Detached down 56% from peak
    Apartments down 61% from peak

    However it is not all bad, sales have increased over the quarter at 3434 which is 6.9% better than the same quarter last year, and up 11.7% on the previous quarter, (Q2).

    But the downside - (if you want to look at it that way) - is that prices are still falling. They are down 1% on Q2 and 12% on previous year.

    It seems that people are buying but perhaps it is the better offers that are selling, (better on the terms of the individual buyer), but the general trend is still down.

    Across all properties the summary price data statistic (average, median, standardised price) varies between 95-115,000. The simple average price is highest, as it is influenced by the small number of higher priced detached properties sold.

    So not good - but at least there are people buying.
    http://ulstersdoomed.blogspot.com/ http://www.requetes.com
    For unionism this is as good as it gets, for nationalism this is the worse it can be.

  2. #2
    Politics.ie Member Tommythesash's Avatar
    Join Date
    Nov 2010
    Location
    USA, via Belfast, Ireland.
    Posts
    5,213
    Mentioned
    0 Post(s)

    Default

    I'm Ulster 'til I die.

  3. #3
    Politics.ie Member
    Join Date
    Jul 2010
    Posts
    10,934
    Mentioned
    0 Post(s)

    Default

    House prices were artificially high so any decrease is welcome, what is not is the over tight access to mortgages .Surelya 10% deposit and an ability to pay would suffice rather than asking folk for 25% .Or why not develop a quality private rented sector for families at affordable rates .

  4. #4
    Politics.ie Member
    Join Date
    Jan 2012
    Posts
    220
    Mentioned
    0 Post(s)

    Default

    Developing a private rented sector that protects tenants rights is a must!

  5. #5
    Politics.ie Member ArtyisBack's Avatar
    Join Date
    Sep 2009
    Location
    Coleraine
    Posts
    6,079
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by Tommythesash View Post
    I do not expect unionists to comment on the dire economy that is the North. They are only interested in houses if there is a chance of parading past them
    http://ulstersdoomed.blogspot.com/ http://www.requetes.com
    For unionism this is as good as it gets, for nationalism this is the worse it can be.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •