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 […]
Supply Constraints Drive Prices in Scotland
There has been steady growth in house sales and buyer enquiries in Scotland during March, and the number of properties coming onto the market continued to lag behind demand, pushing prices rapidly upwards. According to the latest RICS UK Residential Market Survey, the supply versus demand imbalance across Scotland led to 21% more surveyors reporting […]
Sharp Rise in Cash House Sales over £500,000
There has been a sharp rise in the number of cash sales of houses worth over half a million pounds, with numbers increasing by 19.6% in 2014 according to figures from Registers of Scotland (RoS). RoS defines a cash sale as an application for registration of a market value transfer of a residential property which […]
ESPC Reports Increase in Buyer and Seller Activity
The property market across Edinburgh, the Lothians and Fife continues to display positive signs, according to ESPC, with February 2015 seeing a 16% increase in house sales compared to the previous year, and seller activity increasing by 13%. In addition, the average house price in Edinburgh increased 15% annually for the three months to February […]
