Northern Ireland Defies UK Trend with Rising Homebuyer Demand Amid Supply Shortages

08-05-2025


The UK housing market is presenting a mixed picture as recent changes to stamp duty and broader economic uncertainties begin to take their toll. According to the Royal Institution of Chartered Surveyors (RICS), home buyer inquiries and sales have fallen in April, marking the third consecutive month of decline. This downturn is attributed to the expiration of the stamp duty holiday and the prevailing economic uncertainty, which have collectively dampened buyer confidence. Despite these challenges, there remains a cautious optimism among property professionals, with a net balance of 17% expecting sales to rise in the coming year.

In contrast to the broader UK trend, Northern Ireland has seen an uptick in homebuyer demand, with easing mortgage rates and pay increases cited as contributing factors. However, the region continues to grapple with a shortage of supply, as the number of new properties coming onto the market has fallen for the third month in a row. This imbalance between demand and supply has kept house prices on an upward trajectory, with Northern Ireland reporting the highest price increases across all UK regions. Surveyors in the area remain positive about the sales outlook, reflecting a resilience in the face of wider economic uncertainties.

Scotland's housing market is experiencing a slowdown in house price growth, the most subdued since early 2024. This trend is expected to continue in the short term, coinciding with an increase in market supply. Despite the slowdown, the market shows signs of vitality, with a rise in new buyer inquiries and an optimistic sales outlook among surveyors. The rental market, however, tells a different story, with tenant demand and landlord instructions both declining, leading to expectations of flat rental prices in the near future.

The varying dynamics across the UK's housing markets underscore the complex interplay of local and national factors influencing buyer and seller behavior. While some regions like Northern Ireland defy the broader downturn, others such as Scotland adjust to new realities of supply and demand. As the market continues to evolve, the coming months will be critical in determining whether these trends solidify or give way to new patterns of activity.

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Kilcoo Claims Historic Seventh Straight Down SFC Title

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Kilcoo secured their place in Down football history on Sunday, capturing an unprecedented seventh consecutive Senior Football Championship title with a 1-17 to 1-11 victory over Carryduff at Pairc Esler. The Magpies delivered their strongest performance of the championship when it mattered most, with Paul Devlin's first-half penalty goal providing crucial separation in a hard-fought contest that saw the throw-in time pushed back to 5pm following a pitch inspection.

The match, originally scheduled for 3:30pm, saw Kilcoo demonstrate the championship experience that has defined their remarkable 12-title run over 13 seasons. Devlin's 22nd-minute penalty strike down the middle proved decisive, with the player explaining his calculated approach: "It was a big moment in the game and it needed to go in, so I didn't want to put it in the corner and the keeper has a chance if diving. I just thought I wanted to hit it hard."

Carryduff, making their first final appearance since losing to Kilcoo in the 2020 decider, mounted a second-half rally but ultimately fell short of claiming what would have been their inaugural Frank O'Hare Cup. The South Belfast club had powered past Burren in the semi-final with their full contingent available, but couldn't overcome Kilcoo's championship pedigree despite showing improved form from their previous final appearance five years earlier.

Devlin expressed satisfaction with the victory amid external skepticism, noting "it's nice to see that people want Kilcoo to fall" while emphasizing the team's resilience. "This one is sweet with how the game played out and the build-up where we were doubted in this year's championship," he told BBC Sport NI. "It just shows the character of this team. Big teams play well in big games and we have that experience to put in those big performances." The win solidifies Kilcoo's status as the dominant force in Down football, achieving a landmark that had eluded them when Burren denied their seventh consecutive title bid in 2018.