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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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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Marked Increase in Seller’s Confidence in East Central Scotland’s Property Market

The ESPC August to October 2018 House Report saw east central Scotland experience a significant increase of 10.9% in the number of properties coming to the market compared to the same period in 2017. Edinburgh in particular, saw a 5.6% increase year on year (YOY). This is an indication of sellers regaining confidence in the …

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Shortage of East Central Scotland Properties Drives Up Prices

In contrast to the UK trend of decreasing house prices, east central Scotland saw the average house price in the last quarter of 2017 increase by 7.3% to £234,757, compared to the same period in 2016, according to the ESPC’s most recent house price report. From October to December 2017, Edinburgh’s average selling price increased …

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