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House prices rise by 4.9% – 1st August 2014

House prices in Northern Ireland rose by 4.9% in the year ending in June, according to the Office for National Statistics (ONS).

The ONS index suggests the price of a typical house in Northern Ireland is £137,000, the same as early 2012.

The index is based on mortgage completions with the data provided by the Council for Mortgage Lenders.