Following months of upheaval since the disastrous mini-budget last September, Q1 2023 saw an increase in interest rates for the 11th consecutive time, to 4.25%, in a bid to curb rising inflation. Despite this and the deepening cost of living crisis, the property market in Edinburgh, the Lothians, Fife and the Borders continued to perform …
Read more >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. …
Read more >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 …
Read more >Despite the fact that the Scottish housing market started 2021 with a somewhat shaky start and the overall gloomy economic picture across the UK, house prices in Scotland have continued to rise. According to official figures from the Office of National Statistics, the average house price in Scotland increased by 8.4% in the last year, …
Read more >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 …
Read more >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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