The residential market in Northern Ireland took a hit in 2020 due to the coronavirus pandemic, followed by a record-high number of sales in 2021 and a decrease in 2022. In 2022, there were about 28,500 housing transactions, down from about 34,200 the year before. This includes all residential property transactions with a value of 40,000 British pounds and above. The uptick in home purchases resulted in house prices increasing substantially in 2021 and the beginning of 2022.
Total number of residential property transaction completions in Northern Ireland from 2012 to 2022
Characteristic
Number of transactions completed
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Statista. (February 23, 2023). Total number of residential property transaction completions in Northern Ireland from 2012 to 2022 [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/713503/number-of-residential-property-transactions-northern-ireland-uk/
Statista. "Total number of residential property transaction completions in Northern Ireland from 2012 to 2022." Chart. February 23, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/713503/number-of-residential-property-transactions-northern-ireland-uk/
Statista. (2023). Total number of residential property transaction completions in Northern Ireland from 2012 to 2022. Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/713503/number-of-residential-property-transactions-northern-ireland-uk/
Statista. "Total Number of Residential Property Transaction Completions in Northern Ireland from 2012 to 2022." Statista, Statista Inc., 23 Feb 2023, https://www.statista.com/statistics/713503/number-of-residential-property-transactions-northern-ireland-uk/
Statista, Total number of residential property transaction completions in Northern Ireland from 2012 to 2022 Statista, https://www.statista.com/statistics/713503/number-of-residential-property-transactions-northern-ireland-uk/ (last visited September 01, 2024)
Total number of residential property transaction completions in Northern Ireland from 2012 to 2022 [Graph], Statista, February 23, 2023. [Online]. Available: https://www.statista.com/statistics/713503/number-of-residential-property-transactions-northern-ireland-uk/