Rics

The housing market in Scotland is facing an imbalance between demand and supply which is impacting on sales and pushing up prices, the most recent RICS Residential Market Survey has suggested.

Surveyors in Scotland reported more prospective home buyers in January, a sign that soon-to-be buyers aren’t suffering from the winter blues, however, this came before the most recent rise in interest rates, according to the latest residential market survey from the Royal Institution of Charte

A continued shortage of new properties being listed for sale, despite a rise in new buyer enquiries, is still preventing a pick-up in sales volumes and house prices continue to increase, according to the December 2021 RICS UK Residential Market Survey.

A lack of new properties being listed for sale continues to drive house prices up, while most new buyers don’t factor in energy efficiency in their purchase, according to the October 2021 RICS UK Residential Market Survey.

Buyers are starting to return to the UK housing market but have little choice of new properties, according to the September 2021 RICS Residential Market Survey. Results show a steadier trend in buyer demand in September, after a brief pull-back that followed the wave of activity around the Stamp Dut

The Royal Institute of Chartered Surveyors (RICS) recently reported that interest from potential property buyers in Scotland was down during February, however, ESPC agents across the southern half of Scotland are reporting the opposite with significant buyer demand and enquiries for homes.

Current lockdown restrictions saw house sellers in Scotland holding off putting their homes up for sale, according to the February 2021 RICS UK Residential Market Survey.

The Scottish housing market began 2021 on a weaker footing, despite the sector being allowed to remain open during the current lockdown, with Scottish surveyors reporting activity lower than in December, according to the January 2021 Residential Market Survey from RICS.

Activity across the Scottish commercial property sector ended a tumultuous year with industrial demand strengthening while retail and office vacancy rates rose at the strong rates in over a decade, according to RICS.

House prices and home sales activity increased in Scotland according to the December Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.

The very strong demand witnessed in Scotland’s housing market since the summer started to ease back in November as the end of the year nears, according to the latest RICS Residential Market Survey.

Demand remained strong in Scotland’s housing market last month, according to the October 2020 RICS Residential Market Survey.

Demand from occupiers and investors for office and retail property in Scotland continued to fall sharply in the third quarter of the year, but there are at least signs that the industrial sector is stablising, according to the Q3 2020 RICS Commercial Property Survey.

Scotland’s housing market activity remained strong in September, as buyer enquiries and newly agreed sales rose over the month, according to the latest RICS (Royal Institution of Chartered Surveyors) Residential Market Survey report.

Enquiries, instructions, prices and sales all continued to rise in Scotland during August, according to the Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, as pent up demand and the stamp duty holiday continue to influence the market.