The research was done by RICS Royal Institution of Chartered Surveyors has found that it’s been 59th month that the price has been falling in Northern Ireland.
The price have fallen 48% from their 2007 peak average of £240,408 and they said that it will continue to fall in the next three month, RICS Northern Ireland housing spokesman Tom McClelland said: “Aside from seasonal fluctuations, we saw a familiar pattern in the first half of the year, with prices coming under pressure and modest improvements in terms of sales activity,”
University of Ulster house price index for the first quarter of this year the average house price is £134,560.
But the house price index for the second quarter from Nationwide Building Society puts the average price at £110,422.