The 2025 property sales market has started stronger than both 2024 and 2023:
- Buyer Demand: Up 13% compared to January 2024, driven by renewed confidence.
- Supply & Sales: 10% more homes are for sale, with 12% more sales agreed year-on-year.
- First-Time Buyers: Demand has surged in price bands facing the steepest tax increases as stamp duty relief ends in April.
- House Price Growth: UK house price inflation stands at +2.0% versus -0.9% last year.
Regional Trends:
- Northern Ireland: +7.7%
- North West: +3.2%
- East of England: +1%
Market Trends:
- Increased interest in buying, with more people planning to move within the next 2 years.
- 22% of renters aim to become first-time buyers, while 17% of homeowners are considering moving.
Key Figures:
- Average UK house price: £267,700 (as of December 2024).
- Projected price growth: +2.5% by the end of 2025.
The market is showing positive momentum, making it an ideal time for buyers and sellers alike.
