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The figures side by side

MeasureBelfast
Price per m²—
Change in a year—
Change in five years—
Affordability
Payment, two incomes14%
Payment, one income28%
Buy or rent
Rent per month€1,406
Owning per month€1,286
New homes
Started, 12 months629
Per 1,000 residents1.8
Foreign buyers
Bought by buyers abroad, 12 months1.8%
Past cycles
Deepest fall−58.9%
Recovery from the lowNot yet
People and new homes
Homes finished, 2025553
Population change, 2025−649
Empty homes
Empty, 2021 census6.8%
Empty homes10,946

Each place's own figures where it has them; a dash means there is none. Prices are asking prices where a place has them, and bank valuations otherwise.

Every report

Affordability

  • Belfast

    Figures for Northern Ireland: Belfast has no reliable figures of its own.

    At the average sale price, a home costs €184,768. With 10% down and a 30-year mortgage, the payment is €852 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

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Buy or rent

  • Belfast

    Figures for United Kingdom: Belfast has no reliable figures of its own.

    Owning the average home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

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New homes

  • Belfast

    9.6% fewer homes were started in the last 12 months than in an average year of the past decade.

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Foreign buyers

  • Belfast

    Figures for United Kingdom: Belfast has no reliable figures of its own.

    Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

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Past cycles

  • Belfast

    Sale prices have fallen by 3% or more once since 2005. That fall began in Q3 2007.

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People and new homes

  • Belfast

    In 2025 the population fell by 649 while 553 homes were finished.

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Empty homes

  • Belfast

    6.8% of the 160,154 homes counted in the 2021 census had nobody usually living in them.

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