Is the UK housing market a buyers or sellers market?
So, is the UK housing market a buyer's or seller's market? Honestly, it feels like a rollercoaster, doesn't it? One minute you're hearing about crazy bidding wars, the next it's all doom and gloom about falling prices. But right now? I'd say it's leaning pretty heavily towards buyers, at least from what I've seen.
I mean, I've been looking myself, on and off for ages, and the number of properties available seems way up. I remember a few years back, you'd barely get a look-in; you'd be competing with like, twenty other people for a damp-ridden flat that smelled faintly of cabbage. Ugh. Now though? It feels...different. There's actually a bit of choice. I even managed to get a viewing without having to practically beg the estate agent! Could you believe that?
Apparently, there's something like a decade-high number of properties available per estate agent. I read that somewhere – I think it was a news article, or maybe it was a property website, I can't remember exactly – but that really does seem to ring true. It’s making things a lot less stressful, you know? Less of a panic to get offers in super fast.
So yeah, 2025 looks pretty good for buyers. It gives us a little bit more breathing room to negotiate, which, let's face it, is a huge relief. Because those gazumping stories? Total nightmares. I still have nightmares about nearly losing my first flat, haha! I wouldn't wish that on my worst enemy. This feels different, more… manageable. Although, I still need to find somewhere to live before my lease runs out! Wish me luck!
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