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Monthly Market Snapshot: November 2024

Jordan Buchanan

Commentary By

Jordan Buchanan

Chief Executive Officer

Introducing the November 2024 edition of our Monthly Market Snapshot, where we examine the latest trends and developments in the Northern Ireland housing market. This report offers a thorough analysis of market performance, providing essential insights for buyers, sellers, and industry professionals.

 

Key highlights from the report include:

Monthly Market Snapshot: November 2024 Key Highlight

SALES ENQUIRIES

+ 6%

Monthly Market Snapshot: November 2024 Key Highlight

SALES VOLUME

+ 0.3%

Monthly Market Snapshot: November 2024 Key Highlight

WEBSITE TRAFFIC

+ 20%

 

Jordan Buchanan, Chief Executive Officer at PropertyPal commented on the housing market:

The Northern Ireland housing market is closing out 2024 on a strong note, outperforming other UK regions. Over the past year, house prices have grown by 6.4%, accompanied by a similar rise in buyer demand sent to estate agents. With a healthy jobs market and mortgage rates softening in recent months, this momentum looks set to continue into 2025.


Thank you for reading! If you're interested in learning more about PropertyPal's market reports or need additional information on the Northern Ireland housing market, please reach out to us at [email protected]. A member of our team will be happy to assist you.

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