The latest Citylets Quarterly Report (Q3 2013) made headline news yesterday: We revealed that prices for renting in Aberdeen have soared to record levels as a shortage of properties has fuelled a frenzied demand by eager tenants. Rental prices have broken the four figure barrier for the first time with average monthly rents reaching £1,002 …
Read more >With the lack of new housing supply becoming such a big issue (https://www.insidehousing.co.uk/missing-millions/6527782.blog or here https://www.spiked-online.com/newsite/article/affordable_housing/) Citylets felt it was important to explore the latest statistics from Scottish Government Housing Division to try and understand if this phenomenon was universal across Scotland. In previous blog posts we have examined the national statistics but the interactive …
Read more >As we highlighted in last week’s blog we are currently in a phase where the number of households formations in Scotland is growing but the supply of new build completions in the private and social sectors is at an all time low while housing sales transactions are half what they were 5 years ago. In …
Read more >With the increasing recognition of the significance of the Private Rented Sector (PRS) we thought it would be useful to explore some of the statistics that show the extent of the growth of the PRS in Scotland over the last 20 years or so. We know from the Scottish Household Survey (SHS) that the estimated …
Read more >The 25th issue of the quarterly report from Citylets shows that in the first quarter of 2013 average monthly rents in Scotland rose by 1.7% over the year to £675. While this slight increase in rents did not match the Consumer Price Index (CPI) measure of inflation (2.8%), landlords will be relieved that there was …
Read more >In last week’s blog we touched on the latest inflation data published by Office of National Statistics (ONS). They are well known for publishing an enormous array of statistical data on almost any topic and while most of it is rather dry they have begun presenting summaries of this data as ‘infographics’. From their summary …
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