The UK property market has surged into the New Year with buyer demand, volume of new sales agreed and house prices all on the rise according to Zoopla.
This strong start to the year, the strongest start in three years, signals good news for the property market.
Buyer demand is on the rise
At the start of 2025, buyer demand has increased 13% compared to this time last year, suggesting that previously cautious buyers are turning their plans to purchase a property into action.
As it stands, new sales agreed are up 12% over 2024, and overall 10% more homes are listed for sale. That's more properties reaching sale agreed, more potential buyers, and more properties for them to choose from.
This increase in property sales has helped support UK house prices. The average UK house price is 2% higher than this time last year, and January was the fifth consecutive month that property prices have risen.
House prices increase across the UK
Northern Ireland experienced the biggest increase in house prices over 2024. If you own a property in Northern Ireland and are considering selling, read our article ‘House prices in Northern Ireland rising higher than average‘.
It wasn't just Northern Ireland that experienced increases in house prices above the UK average.
Source: Zoopla
Local Northern Ireland Property Expert Insights
Michael Graham and Ryan Andrews are the franchise owners of seven Reeds Rains Branches across Northern Ireland. They had this to say:
If moving home is on your agenda, you can get advice and guidance from a local property expert when you book a free property valuation. With no obligation to sell if you change your mind, book your appointment today.
