Following a decrease in housing demand and supply in June, Scottish house prices are forecasted to remain largely stable over the next quarter, according to the recent Royal Institution of Chartered Surveyors (RICS) Residential Market Survey. The survey, which collates the views of property experts,
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Justin Young has been appointed as the new chief executive officer of the Royal Institution of Chartered Surveyors (RICS), effective 5 July 2023. The decision was made by RICS's Governing Council to drive further strategic, cultural and operational change within the organisation. Mr Young, previousl
Scotland's housing market activity has continued to experience a slowdown in May, with indicators suggesting that potential increases in interest rates might further pressure the market, according to the recent Residential Market Survey by the Royal Institution of Chartered Surveyors (RICS). As was
Activity in Scotland’s housing market slowed through April according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, however prices are still rising. Both demand and supply levels fell further into negative territory in the latest survey with a net bala
Despite a fall in construction activity at the start of 2023, surveyors in Scotland are predicting sector growth for the first time in almost a year while another survey has highlighted a rebound in repair, maintenance, and improvement (RMI) work for construction SMEs. A net balance of -6% of S
Occupier demand for commercial property in Scotland rose for the first time since Q2 2022, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor, however the industry continues to face a challenging environment. A net balance of +5% of respondents in Sco
House prices in Scotland continued to rise in March 2023, but at the slowest rate since June 2020, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
Last month, housing market activity in Scotland remained weak with falls in new buyer demand and listings, however, house prices are still edging upwards according to respondents in the latest RICS (Royal Institution of Chartered Surveyors) Residential Market Survey.
New buyer demand, sales and listings in the Scottish housing market were all reported to be on a downward trend in January according to the latest RICS (Royal Institution of Chartered Surveyors) Residential Market Survey.
Conditions in the commercial property market in Scotland deteriorated at the end of last year, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor as the industry faces a challenging environment. Overall demand from both occupiers and investors fell in
House prices in Scotland continued to rise through the last quarter of 2022, but at the slowest rate since mid-2020 according to the December 2022 RICS UK Residential Survey.
The Scottish housing market continues to weaken, with last month bringing another decrease in buyer demand and agreed sales, according to the October 2022 RICS Residential Market Survey. Prices though were still increasing according to respondents. Demand for residential property fell for the sixth
Occupier and investor demand for commercial property in Scotland fell further, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor. The survey points to a weakening in the market as the prospect of further interest rate rises weigh heavily on the outlo
The Scottish housing market outlook remains challenging amid a September fall in market activity, according to the latest RICS UK Residential Market Survey. A concern highlighted by respondents is on the impact of new Scottish Government initiatives will have on the supply of rental properties, pote
Homebuyer enquires in Scotland fell again during August as wider economic challenges impacted further on market conditions, the RICS Residential Market Survey revealed today. The latest results show that house prices in Scotland continued to rise, albeit at a less firm rate, but enquires, sales and