Finally the media shows some positivity!

9th February 2011
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The housing market in Northern Ireland improved last month, it was claimed today. Some prices rose and the number of sales is expected to grow, the Royal Institution for Chartered Surveyors (RICS) said. Severe weather meant December was a difficult month for purchasers but the situation is expected to improve this spring. RICS housing spokesman Tom McClelland said: "Clearly January was a better month for the housing market, and there is the expectation that things will improve - albeit from low levels in terms of transaction activity - as we move into the spring, which is generally a busier time of year." He said significant challenges remain for the local housing market, including the impact that spending cuts will have this year and the likelihood that interest rates will rise. "However, it must be remembered that affordability in Northern Ireland's housing market has improved dramatically in recent years," he added. Read more:

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