Property market in the North will take 12 years to revover, economists claim

House prices in Northern Ireland could take another 12 years to recover to the values posted before the credit crunch, economists have claimed.

Property market in the North will take 12 years to revover, economists claim

House prices in Northern Ireland could take another 12 years to recover to the values posted before the credit crunch, economists have claimed.

Average property prices are 53% below the 2007 market peak, falling almost 6% in the last year, research by PwC found.

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