Celtic Tigers – property prices boom in Northern Ireland (again) and Scotland

Celtic Tigers – property prices boom in Northern Ireland (again) and Scotland
24th October 2006

Four separate surveys show UK property prices are on the rise (again), with Northern Ireland leading the way (again), and Scotland showing strong growth too.

Plus, The UK economy is steaming ahead faster than forecast. A base rate rise to 5% next month is now a certainty...

The latest property price data confirms without any doubt that parts of the UK are now in the midst of a price growth boom.

Most notable is Northern Ireland, which continues to prove wrong the many pundits who said it couldn't last. Well, it has lasted and the numbers reveal a whopping 33.4 per cent rise up to September over the previous 12 months!

The data from Nationwide also show that Scotland experienced very healthy growth of 14.2 per cent over the same period.

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