To provide a comprehensive view of the housing market in Northern Ireland from 2014 to 2023, I have compiled data on housing completions, average house prices, average rents, and construction costs. The construction cost data is based on the Construction Output Price Indices (OPIs) published by the Office for National Statistics (ONS), which measure the price level of construction work over time, across UK including Northern Ireland.

Data Summary:

• Housing Completions: Data for private enterprise and housing association completions were previously provided.
• Average House Prices: According to the Northern Ireland House Price Index, the average house price in Northern Ireland has increased since 2015, with minor fluctuations over time.
• Average Rents: The Performance of the Private Rental Market in Northern Ireland report indicates that average rents have been rising.
• Construction Costs: The ONS’s Construction Output Price Indices provide data on the price changes of construction work, which can be used to assess trends in construction costs over time, across UK including Northern Ireland.

These trends provide insight into the dynamics of Northern Ireland’s housing market and construction industry over the past decade. Infrastructure investment failings playing a major role.