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New Frontiers’ Collection launch to to capitalise on Northern Ireland housing supply shortfall
November 25, 2016Article by Chelsea Battle
House prices in Northern Ireland remain some 40% below their 2007 peak, but lack of supply is pushing them steadily upward.In light of rapidly increased demand for new homes, Property Frontiers has launched the second phase of the Frontiers’ Collection apartments at The Sandford in Belfast.
According to Savills, house prices in Northern Ireland increased faster than in any other UK region in 2014. In 2015, they shot up by 8%, and over the coming three years they are expected to rise by 6% per annum.