Immobilienpreise Einbruch im April: „Das Angebot überwiegt die Nachfrage.“
House prices slump in April: ‘Supply is beginning to outweigh demand’
Von FriendlyUtilitarian
Immobilienpreise Einbruch im April: „Das Angebot überwiegt die Nachfrage.“
House prices slump in April: ‘Supply is beginning to outweigh demand’
Von FriendlyUtilitarian
41 Kommentare
Keep them coming until the point where demand is able to actually pay for the supply.
House prices need to fall, one way or another.
more like prices outstripping income. plenty of people want a home. we just can’t afford them
First sentence of article:
> UK house prices fell in April as affordability issues constrain demand following the end of the stamp duty holiday in March.
We don’t have a supply problem, we have a price problem. People can’t afford to move. Stamp duty, other costs and unaffordable prices on housing stock.
Not expecting a crash but we’ll see more homes on the market that will hopefully push prices down.
Logical situation after stamp duty increases. Need more than just one data point to make any worthwhile claims. Anyone wanting to move would have tried to complete in March. The article confirms march saw a very high number of completions.
TLDR…
The ONS pinned the monthly drop on an increase in payable tax on properties due to the end of the stamp duty holiday on March 31 for first-time buyers.
A friend of mine was forced to leave his rented apartment because the landlord wanted to increase their rent by 20%. Eventually he could not actually find someone willing to pay that amount and he kept decreasing the asking price, until it dropped even more than my friend was willing to pay. At that time he had moved out anyway.
So many people inconvenienced by stupid greed
Average wages in the UK have gone up approximately 5.5% in the last 12 months. House prices have gone up about 6.5%.
It’s almost like reducing immigration might remove pressure on house prices.
That said, stuff like the renters rights bill will just mean rents will continue going up, so it’ll be just as hard to save up for deposits. Argentina a good demonstration of how overly controlling the market helps no-one except established tenants.
No shit Sherlock. Seasonal house selling time is in a slump as the interest rates are still too high for mortgages.
Get the base rate down and the .market will take off again.
I don’t think it is supply outweighing demand. It is that the price point they are marketing at is not appealing.
If lots of people are struggling it becomes hard to justify an average home (3bed terraced) at £250k.
If these houses dropped their prices in alignment with wages, cost of living and current global economic instability making people anxious. The houses would sell and not be on the market for long.
We always look at house prices as a function of supply and demand of property and credit but I think the cost of living, taxes and rents are so high in general that people simply cant afford houses like they used to.
It might look good if houses are coming down in price but its masking all the affordability problems that underlie it.
So what you’re saying is I should sell my house now, move back in with my folks, then buy at a later date?
I’ll have to run it by the wife and kids.
Not in my city. Bristol saw a 8-9% rise in the last year. I am cooked.
Temporarily blip caused by increase in tax as mentioned in the article.
> Sales volumes in March were “unusually high”, according to the statistics body, followed by low volumes in April.
This time next year housing will be at new all time highs, guaranteed.
I own my own home and I’m still super happy about this. Negative equity is only an issue if I want to move somewhere else, even then it pales in comparison to people being homeless or financially abused by hoarding slumlords.
But but but I was reliably informed this was impossible due to immuhgrayshun? Some mistake, surely?
I don’t think it’s a supply and demand situation. Plenty of people want houses but can’t afford to buy them.
Reaching the physical end of affordability. This is what happens due to greed. Financial institutions using property as a golden goose and then letting domestic property take up the shortfall from commercial, since covid . Still a massive shortfall in property vs demand. Just what’s out there is unaffordable without high wages or bank of mum and dad to help
Supply is absolutely NOT beginning to outweigh demand. Have we suddenly lost a chunk of population and built 1000’s of houses? People just cant afford it
My pension my beautiful pension! Bastards! Bloody poor people
The House price slump.
Yesterday.
£265,000
Today
£264,999.99
Slump is slump I guess
Slump? What down 1% but up 1000% over the last decade?
Moved home.
Stop paying absurd greedy landlord £1200pm rent when i get paid £2100 a month after taxes.
Parents love it im home, helping them with the house work and decorating, im working full time. They love the dog too. Id rather give my parents £500 a month than some greedy cunt
Looks like the house price drops are at the top end:
https://x.com/moving_charlie/status/1935234670880305347
>House Prices 47% down in Chelsea (citing Land Registry).
>That’s a crash, not a slide.
>Two takeaways:
>1. Localised house price collapses are already happening
>2. “The rich” are the most affected, not the least.
This might be down to non-doms selling up due to Rachel Reeves budget.
Surely has nothing to do with the Stamp Duty changes that came into force at the start of April, perhaps people thought to rush through their purchases in March to avoid an increased Tax perhaps? Maybe you could look into the figures for March to see if there is any correlation?
Nah – lets just make a clickbait article title.
Well if we end up being a war with either Russia or Iran they are going to go dirt cheap.
Homebuilding is still lagging way behind demand.
Prices moving slightly month to month doesnt change this long run trend.
Here’s the census data:
> The average house price for England was £286,000 in April 2025. This is up 3.0% (£8,000) from a year earlier. This annual rise was lower than in the 12 months to March 2025 (7.3%).
>
> The average house price for Wales was £210,000 in April 2025. This is up 5.3% (£10,000) from a year earlier. This annual rise was higher than in the 12 months to March 2025 (4.3%).
>
> The average house price for Scotland was £191,000 in April 2025. This is up 5.8% (£10,000) from a year earlier. This annual rise was higher than in the 12 months to March 2025 (5.2%).
>
> The average house price for Northern Ireland was £185,000 in Quarter 1 (Jan to Mar) 2025. This is up 9.5% (£16,000) from Quarter 1 2024.
Some benefits of a big house price slump and a buyers market would be a significant increase in the quality of new builds.
There will be huge issues with negative equity for the people who own the currently made shit boxes if that happened though. New build estates will become the next form of „council estate“
We really need to encourage people in the UK to build wealth in investments other than their house.
Most middle class people have almost all of their net worth in their home. House prices going up is good for them but terrible for people not on the ladder yet. House prices falling is good for people who haven’t bought a house yet but terrible for those who have.
Idk a way to resolve this tension until people are getting their nw up in some other way then watching house prices rise.
As a home owner I’m supposed to cry about this but good. Prices in this country are stupid.
It’s not demand its „demand from people who can afford to buy the supply“ that changed drastically once the interest rates jumped
We probably want flat to slowly increasing house prices, providing wages are rising faster (and real people’s wages, not mean averages dragged up by a small number of silly salaries).
Something overlooked is house much our economy depends on equity. A lot of money is moved around not from earned money but releasing equity to do XYZ and that money is keeping people in jobs.
You also don’t want to screw people who did make it on the ladder. Many people have managed to barely pull their way up on the ladder.
Housing needs to be more affordable. It doesn’t need to screw everyone over. There is no quick fix. A gradual improvement in affordability is what we want.
Feel like the „supply is beginning to outweigh demand“ if you ignore demand for houses people can afford.
This is not true for any of the areas where I am looking to buy a flat nevermind a house. Prices are still sky high as far as I can see.
Prices “slumped” to **checks notes** 3.5% higher than they were a year earlier
Oh, THAT definition of “slump” which means 3.5% growth year on year
That’s not a slump ffs, it’s price fluctuations primarily driven by people rushing to complete in March before the stamp duty change
Our house went on the market on Monday. One cancelled viewing is all the interest we’ve had so far, and we’re priced the same as others that have sold in the last few months. My natural pessimism is telling me we’ve jumped on at the wrong time.
Anecdotal, but I’ve seen a few houses in my area that have been up for ages and/or had the price reduced.
„beginning“
Yeah just 40 years of demand outweighing supply to get over and we should be good.
Outweighing demand or just too unaffordable to find buyers?