House sales were the strongest since the same period in 2007

Northern Ireland house prices are rising, according to new figures covering the first months of 2014.

The Residential Property Price Index records growth of 7% on this time last year.

For the time of year, sales – at 4,200 – were their strongest since 2007.

According to the data compiled by the Northern Ireland Statistics and Research Agency, the index calculates the average residential property price at £102,000.

Prices grew by 3% between October 2013 and March 2014.

via BBC News – NI house sales ‘strongest since 2007’.