The housing market in Northern Ireland remains reasonably active in 2025 — even as pressures mount elsewhere in the UK.
With buyers, renters and developers all having to keep one eye on economic headwinds, it’s important to understand the key trends this autumn. How should businesses, investors and owners respond to these dynamics as the landscape evolves?
At Allsopp Campbell Rainey, our property team — working across NI — are seeing several themes that matter right now:
- Price and supply: steady confidence, quality properties
In the second quarter of this year (the latest we have official data for), the average NI property price reached £215,713 — up 1.4% on the previous quarter and 2.7% higher year-on-year, according to the NI Quarterly House Price Index.
Despite wider economic pressures, confidence among both buyers and sellers has remained firm, helping to sustain steady growth across most regions and property types.
Market activity had also picked up, according to the Index. More listings are coming onto the market, bidding remains competitive, and sentiment is broadly positive. In fact, more than 70% of estate agents surveyed reported increased activity compared with Q1, while 60% noted a rise in new listings.
As we approach the official autumn statistics, we’ll see how this bears up, but the signs are hopeful so far.
With quality properties coming to market like Ely Lodge estate (supported by Allsopp Campbell Rainey), there are sure to be lots of interesting property talking points still on the horizon this autumn.
2. Rental market: strong demand continues
Rental demand continues to outstrip supply in NI. Recent data from listing portal PropertyPal shows the average monthly rent in Northern Ireland in Q2 2025 was around £976, up approximately 7.3% year-on-year.
Landlords and investors still have opportunities in the rental sector, but they must also be alert to regulatory and supply risks (see section 4).
3. Other trends:
- Some industry surveys suggest that the average time to “sale agreed” in NI is now around 47 days in early 2025, which is notably quicker than older historical averages.
- Estate-agent reports indicate that 60% of agents in Q2 2025 noted an increase in new listings, suggesting that supply may be gradually improving even though it is still rather constrained as indicated by some recent Royal Institution of Chartered Surveyors (RICS) data. As we move into autumn, activity levels should remain firm ahead of winter and we don’t see signs of a seasonal dip this year.
4. What this means for businesses, landlords & developers
- For businesses looking to acquire property: steady prices may mean opportunities but do your homework. Leasehold or freehold terms must reflect current market dynamics (rent reviews, service charges, repair obligations).
- For landlords/investors: rental growth remains, but regulatory risks are rising (see later). Ensuring properties are compliant and marketed well matters more than ever. A careful eye will need to be kept on the upcoming budget given the well documented trailing of potential tax rises.
- For developers: while demand is present, supply constraints (planning, infrastructure, build costs) remain the key bottleneck.
As Darren Rainey, Partner at Allsopp Campbell Rainey, puts it: “In a market showing resilience, the winners will be those who act with clarity — understanding costs, supply challenges and legal obligations before moving.”
5. Regulatory & supply-side headwinds
- Infrastructure delays continue to bite: for example, the Northern Ireland Fiscal Council has flagged that large new housing developments have been stalled due to under-investment in sewage and water infrastructure.
- Rental-sector reform and enhanced compliance requirements for landlords mean that letting property is no longer purely about demand — legal readiness is key.
- For buyers, developers, and landlords, it remains crucial to manage legal risks associated with leases, service charges, planning obligations, and tenant regulations.
As Neil Allsopp, Partner at Allsopp Campbell Rainey, emphasises: “Demand alone does not remove risk. Compliance, documentation, and readiness are what separate success from surprise in the NI housing market.”
Final thought
In summary, Northern Ireland’s housing market in autumn 2025 so far is solid but cautious: growth and rental demand continue but navigating legal and strategic issues is more important than before.
If you’re buying, selling, leasing, or developing property in NI, now is the time to align with current data and legal context. At Allsopp Campbell Rainey, our team can help turn market insight into actionable strategy.
Ready to discuss your property plans? Contact Darren Rainey, Neil Allsopp or our team today.