House Sales Rise but Prices Fall in East Central Scotland
There has been a 10.3% annual increase in the number of houses sold in East Central Scotland between June and August 2015, according to a recent report by ESPC. At the same time there has been 1.0% fall in the average selling price compared to the same period last year. The report also revealed a […]
Government to Introduce Private Tenancies Bill
Earlier this month, the First Minister outlined the Scottish Government’s plans for the final year of this parliamentary term. The wide-ranging legislative programme will see eight new bills introduced, with measures included to strengthen the law on harassment and sexual offending; increase security for private tenants, protecting against excessive rents; and implement the recommendations made […]
Impact of New Borders Railway on Housing Market
New figures published by Registers of Scotland (RoS) have revealed that the new Borders railway has yet to have an impact on the housing market in the surrounding area. According to the figures, in the last three years the volume of residential sales within five miles of the new stops has risen by 50.2% in […]
East Central Scotland Sees Increase in House Sales
There was a 4.1% increase in the number of houses sold across Edinburgh, the Lothians and Fife between May and July 2015, compared to the same period last year. The figures, which are contained in the latest House Price Report from ESPC, also reveal that while average prices across the region remained similar over the […]
House Prices Continue to Rise in Edinburgh
There has been a slight fall in house prices across East Central Scotland, according to the latest ESPC House Report, although certain areas continue to buck the trend, including Dunfermline and parts of Edinburgh. June’s House Report shows that there was a 0.5% fall in house prices between April and June 2015 compared to the […]
Scotland Bucks UK Property Supply Trend
The latest RICS UK Residential Market Survey has found that Scotland’s supply of residential housing is rising at a quicker rate than anywhere else in the UK. While the picture for the rest of the UK shows that, post-general election, a surge in new vendor instructions has failed to materialise, a net balance of 30% […]
Edinburgh is Becoming a Seller’s Market
The property market in Edinburgh and the rest of East Central Scotland is becoming more of a seller’s market, according to the ESPC, with a fall in the number of new homes being put on the market. ESPC figures show that between the months of March and May this year there has been a fall […]
Scotland’s Seaside Towns See Increased Property Prices
Some of Scotland’s seaside towns have seen property prices double since 2005, according to research from Bank of Scotland. Fraserburgh once again has experienced the biggest rise, with a 109% increase from an average price of £63,540 in 2005 to £132,920 in 2014. Lerwick (102%) and Peterhead (102%) have also doubled their house prices since […]
UK Sees Rise in Properties for Sale
There has been a 5% increase in the number of properties entering the UK market during the first three months of 2015 compared to the same period of 2014. The latest figures from Experian’s Property Index show that between January and March, the number of homes that entered the market for sale hit their highest […]
Strong Start for Property Market in East Central Scotland
The property market across East Central Scotland saw a very positive start to 2015, according to the ESPC. Its latest report shows that there was an 11% rise in house prices for the first quarter of 2015 compared to the previous year, taking the average house price to £207,618. One section of the market that […]
