The average price of a property in Scotland in December 2023 reached £190,000, denoting a 3.3% year-on-year increase, according to the latest provisional statistics from the UK HPI.
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The total value of all homes across the UK now stands at £8.678 trillion, with Scotland showing a 1.3% increase in total value and outperforming the rest of the UK, according to new research by Savills. Faisal Choudhry, head of residential research for Savills in Scotland, said: &ldq
Residential property sales in Scotland experienced an upturn in January, marking the first positive growth in over six months, as reported by the Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
New build starts in Scotland have experienced a significant decline of nearly a quarter over the past year, as reported by DJ Alexander Ltd. The property firm said that the latest quarterly housing statistics up to September 2023 showed that all sector new build starts fell 24.4% from 21,534 in 2022
Scotland's property sales volumes have gone up in the November 2023 – January 2024 period, according to the latest ESPC House Price Report.
New insights from the Aberdeen Solicitors Property Centre (ASPC) have revealed a 3.1% dip in property prices in the city over the past year, amidst this, a positive quarterly rise of 0.5% offers a ray of hope.
Scotland's average house price has grown by £43,381 from March 2020 to November 2023, according to data analysed by property firm DJ Alexander.
Savills latest analysis of UK residential market performance during 2023 has shown that while mortgage affordability has impacted the wider market, Scotland’s prime market has been the most resilient in the UK with a 1% increase in net agreed sales. This compares to -17% drop in prime UK regio
House prices in Scotland are anticipated to rise through the first quarter of 2024 according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
The average Scottish house price reached £194,000 in November 2023, a 2.2% increase compared to the same period in 2022, according to the latest data from the UK House Price Index (HPI).
Property taxes in Scotland exceeded £600m over the last year according to analysis of the latest statistics by property firm DJ Alexander Ltd.
In a bold move set to redefine the landscape of Scotland's property industry, Angela Wallace, the centre and operations manager at Tayside Property Solicitors Centre (TSPC), anticipates a pivotal role for AI in house sales throughout 2024. A digitised strategy, known as proptech, embraces the use of
The UK house prices have rebounded and registered a 1.1% increase in December, marking the third consecutive monthly rise, according to the latest Halifax House Price Index.
Global real estate advisor CBRE has predicted a modest 0.8% decrease in house prices in Scotland for 2024, slightly below the UK average of 0.9%. However, a positive outlook emerges as CBRE foresees a rebound in 2025 with a 4.2% rise to £187,589, and a further 5% increase in 2026, reachin
Shepherd Chartered Surveyors has expressed a positive outlook for the North of Scotland's housing market in 2024. While the latest Royal Institution of Chartered Surveyors (RICS) residential market survey saw both lower demand and supply in the Scottish property market, resulting in a fall in the nu