Prices stood at £225,283 on average in March across the UK, a 0.4% decrease on the same month last year, following a 1% annual increase in February, the Office for National Statistics (ONS) said.
Analysts put the sharp 10.7% drop in Northern Ireland, taking average prices to £134,128, down to the market "normalising" following a period of rocketing prices before the financial crisis.
Analysts put the sharp 10.7% drop in Northern Ireland, taking average prices to £134,128, down to the market "normalising" following a period of rocketing prices before the financial crisis.
House prices have slumped more than 10% in Northern Ireland over the last year and "lack
any movement" in the rest of the UK, official figures showed today.
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