Category: House Prices

‘Exceptionally’ Busy Time for the Scottish Property Market

The Scottish property market continued to perform well from August to October 2020, with the average selling price in Edinburgh, the Lothians, Fife and the Borders up 7.9% compared to last year, to £270,983, according to ESPC’s latest House Price Report. The most notable price increase of 20.6% year-on-year (YOY), was recorded in the Scottish …

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Scottish Property Market Post-Lockdown

Since the reopening of the Scottish property market on 29th June 2020, there’s been a surge in activity in Edinburgh, the Lothians, Fife and the Borders. The lockdown restrictions prevented homes from coming to market during the historically busy spring months, so when the restrictions were lifted, a sharp rise of 48.2% in the number …

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Strong Start to 2020 for Property Sales Impacted by COVID-19

After a strong start in 2020 for residential property sales in Edinburgh, Lothians, Fife and the Borders, the market experienced the repercussions of social distancing due to COVID-19. The volume of property sales dropped by 9.2% year on year, with much of the decline concentrated in the final two weeks of March. The same areas …

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End of 2019 Saw a Decline in Properties Coming to the Market

The last three months of 2019 saw a reduction in the volume of properties coming to the Lothians, Fife, Borders and Edinburgh; 7.1% less than the same quarter in 2018. The same areas also experienced 1.4% dip in sales volume YOY. There was a 14.1% decrease in the amount of homes coming to the Edinburgh …

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Fewer Properties Coming to East Central Scotland Amidst Continued Brexit Uncertainty

ESPC’s House Price Report for Edinburgh, the Lothians, Fife and the Borders showed that the volume of properties coming to the market in the last three months decreased by 2.9% year on year (YOY), with the capital itself reporting a more significant decrease of 7.5%. ESPC’s Business Analyst, Jamie Fraser-Davidson reported: “From August to October …

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3.5% Increase in Average Selling Price for East Central Scotland

An increase of 14.3% year on year (YOY) in the volume of properties sold in east central Scotland was noted between March and May 2019. The City of Edinburgh recorded 18.9% YOY rise on sales volume for this period. Business Analyst at ESPC, Jamie Fraser-Davidson explained: “This is likely a result of the increase in …

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