Category: House Prices

The Cooling of the Post-Pandemic Property Market

In the current economic climate, the post-pandemic property market in Edinburgh, the Lothians, Fife and the Borders is showing clear signs of slowing, with buyers being more cautious with the prices they are willing to pay to secure their dream home. Between April-June 2023, the average property selling price rose marginally by 0.2% year on …

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Property Sales Market Remains Robust and Competitive

The property market in Edinburgh, the Lothians, Fife and the Borders continued strong between October and December 2022, with high interest in home buying and selling, despite the recent political and economic challenges, such as rising interest rates, deepening cost of living crisis and increasing energy bills. Although a slight cooling of the market was …

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Property Sales Market Continues to Thrive Despite Economic and Political Challenges

From the Bank of England’s base rate hike of 2% to 2.25% since the start of the year, through the mini-budget in September, to the cost of living and energy crisis – the Scottish housing market seems hugely unaffected. Whilst there might be a different property landscape ahead, the market across Edinburgh, the Lothians, Fife …

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Property Sales Market Continues its Upward Trend

The property sales market in Edinburgh, Lothians, Fife and the Borders continued strong between May and July 2022, with the average selling price rising 4.8% year on year (YOY) to £288,993. The highest property price increases of 10.4% YOY were recorded in West Lothian, where the average property sold for £238,171 during May-July 2022. This …

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Sales Volumes Drop as the Property Market Begins to Calm

The housing activity across Edinburgh, the Lothians, Fife and the Borders is begging to return to pre-pandemic levels, with sales volumes down 21.6% year on year during January-March 2022. The highest sales volumes were recorded for two bedroom flats in Leith, however, this was still down 39.1% when compared to the first quarter in 2021. …

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Larger Properties Continue to Dominate Buyer Demand

The property market in Edinburgh, the Lothians, Fife and the Borders continued to be strong during June-August 2021, with the average selling price up 5.8% year on year (YOY) to £276,703. The area that performed best, achieving the biggest annual rise at 8.6%, was West Fife & Kinross where the average selling price stood at …

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