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House prices in Northern Ireland rose by 7.4% over the past year, with the Newry, Mourne and Down council area recording the strongest annual growth of any council, according to figures released today. The average house price in Northern Ireland now stands at £198,015.
In Newry, Mourne and Down, the annual price growth of 11.7% was the highest of all 11 council areas. The standardised price for the area now stands at £218,797, with a quarterly change of 0.3% and an index value of 126.1.
The statistics, published by Land & Property Services and supported by the Northern Ireland Statistics and Research Agency, cover Quarter 1 2026 and form part of the UK House Price Index, making them directly comparable with figures elsewhere in the UK.
Prices vary considerably by council area. The highest standardised price is in Lisburn and Castlereagh at £233,022, while the lowest is in Mid and East Antrim at £173,893. Annual growth was weakest in Causeway Coast and Glens at 4.1%. Armagh City, Banbridge and Craigavon saw growth of 8.8%,
Full detailed statistics are available at www.finance-ni.gov.uk
