
House prices in Northern Ireland picked up sharply in the first quarter of 2022, official figures suggest.
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Prices were up by 3.4% compared to the final quarter of 2021 and up by more than 10% compared to the same period last year.
In the last 10 years there has only been one other quarter in which prices rose by more than 10% on an annual basis.
The average price for a house in Northern Ireland was £164,590.
Prices ranged from £145,741 in Londonderry City and Strabane to £189,968 in Lisburn and Castlereagh.
The figures are from the Northern Ireland Residential Property Price Index, which analyses almost all sales, including cash deals.
There were quarterly and year-on-year price increases in all council districts.
The quarterly increases ranged from 0.8% in Derry and Strabane to 4.8% in Ards and North Down.
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