Category: House Prices

Strong Start to 2020 for Property Sales Impacted by COVID-19

After a strong start in 2020 for residential property sales in Edinburgh, Lothians, Fife and the Borders, the market experienced the repercussions of social distancing due to COVID-19. The volume of property sales dropped by 9.2% year on year, with much of the decline concentrated in the final two weeks of March. The same areas …

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End of 2019 Saw a Decline in Properties Coming to the Market

The last three months of 2019 saw a reduction in the volume of properties coming to the Lothians, Fife, Borders and Edinburgh; 7.1% less than the same quarter in 2018. The same areas also experienced 1.4% dip in sales volume YOY. There was a 14.1% decrease in the amount of homes coming to the Edinburgh …

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Fewer Properties Coming to East Central Scotland Amidst Continued Brexit Uncertainty

ESPC’s House Price Report for Edinburgh, the Lothians, Fife and the Borders showed that the volume of properties coming to the market in the last three months decreased by 2.9% year on year (YOY), with the capital itself reporting a more significant decrease of 7.5%. ESPC’s Business Analyst, Jamie Fraser-Davidson reported: “From August to October …

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3.5% Increase in Average Selling Price for East Central Scotland

An increase of 14.3% year on year (YOY) in the volume of properties sold in east central Scotland was noted between March and May 2019. The City of Edinburgh recorded 18.9% YOY rise on sales volume for this period. Business Analyst at ESPC, Jamie Fraser-Davidson explained: “This is likely a result of the increase in …

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East Central Scotland Experiences Rising House Prices and Longer Selling Times in Q1 19

Average selling prices are continuing to increase year on year in east central Scotland, suggesting that buyer confidence hasn’t been significantly impacted by Brexit. Quarter 1 2019 saw a 3.4% increase YOY in average selling prices in east central Scotland, rising to £238,315 with Edinburgh experiencing a 2.1% increase to £255,280. Three bedroom houses in …

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Significant Upswing in Homes Brought to the Market at the End of 2018 for East Central Scotland

Positive signs for buyers planning to purchase a new home in early 2019 shone through in the last quarter of 2018, with the east central area of Scotland seeing a 23.9% YOY increase in new homes brought to the market. Edinburgh itself experienced a 14.7% YOY increase. A 9.2% rise was recorded in the number …

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