Number of residential property transactions in Northern Ireland 2012-2023
The residential market in Northern Ireland took a hit in 2020 due to the coronavirus pandemic, followed by a record-high number of sales in 2021 and two years of decrease. In 2023, there were 23,610 housing transactions, down from about 34,200 the year before. This includes all residential property transactions with a value of 40,000 British pounds and above. The uptick in home purchases resulted in house prices increasing substantially in 2021 and the beginning of 2022.
