Category: House Prices

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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Homes Selling Fast as Strong Buyer Demand Continues

From April to June 2021, the property market in Edinburgh, the Lothians, Fife and the Borders was characterised by strong buyer demand driving the selling prices up. Over the past three months, properties were moving quickly with a median selling time of just 16 days, two days faster compared to the same time last year …

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Volume of Property Sales Continues to Rise

Edinburgh, the Lothians, Fife and the Borders experienced a material annual rise in property sales volume at 128% from February to April 2021. This may come as no surprise, given stringent lockdown restrictions enforced in March and April last year, however, when looking further back i.e. to February – April 2019, the volume of properties …

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New Property Listings Decline as Average Selling Prices Rise

From December 2020 to February 2021 Edinburgh, the Lothians, Fife and the Borders experienced a 6.2% increase in the average selling price to £265,446 when compared with the same period last year. Significant year on year rises were recorded for properties in East Fife and the Borders, at 19.2% and 13.7% respectively. East Lothian saw …

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Up to 20% House Price Increases in Scotland during Pandemic

According to the latest data from Registers of Scotland, 2020 saw the average house price in parts of Scotland jump as high as 20% despite the outburst of the Coronavirus pandemic. The figures published by the Office for National Statistics, revealed that the house prices across Scotland rose by 8.4% to stand at £162,983 on …

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