The Scottish PRS continues to prove very robust to geopolitical change as it plots a predictable path in Q1 2017. Competing forces from the central belt and Aberdeen result in a (near) zero sum game at just 0.1% YOY national growth. Rents in Aberdeen have indeed fallen to national average, as suggested in our last report, …
Read more >Hard to believe perhaps but it’s now 10 years since Citylets published its first quarterly report ‘Trends In Residential Lettings’. It has been very satisfying to see it evolve over the years to arrive at its current format. And of course for it to be accepted by the Lettings Industry as the de facto source …
Read more >Strong growth in Edinburgh and Glasgow continues to propel average Scottish rents upwards with chronic imbalance between supply and demand setting in within the central belt. The latest Citylets Quarterly Report to Q3 2016 shows average rents in Edinburgh have broken the £1000 per month mark for the first time and growth in Glasgow has …
Read more >Scotland’s Private Rented Sector continues its current steady YOY rise of 2%, up to £777 per month on average from £762 a year ago. Strong growth in Edinburgh and Glasgow in particular is again counter balanced by steep falls in Aberdeen. However there are signs that drag on the Granite City market will ease later …
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