Low Inventory in Northern Ireland Posted June 22 16 hours ago, JoeDavola said: I'd assumed that there would be a big increase in the number of houses coming on this Spring seing as the pandemic is 'over', but it doesn't seem to have happened. I know someone who has sold (for much more than they bought 8 years ago obv), but it's kind of irrelevant as they're seeing nowhere worth moving to. The quality of what is coming on the market is often quite low; i.e. places needing renovation but still asking big money so will be of limited appeal to many buyers. I do wonder whether low inventory is indicitive of a highly disfunctional market where most people can't afford to move, or don't see it as being worthwhile taking on so much extra debt for just a little extra space, so are just staying put. Which means most people looking to buy will be FTB, folk who have gotten divorced, and older folk who are forced to downsize? Who knows maybe inventory numbers will pick up over the summer, but I have a feeling they wont. Of course low numbers coming on does help to keep prices high, even in an environment where the cost of everything including borrowing is going up. I can't explain the low inventory. its baffled me for a while. I know new build has been unable to provide what it should be due to no zoned land, slow planning and NI Water issues but, at best new build is 20% of the market.