The latest provisional statistics from the UK HPI have recorded an average property price in Scotland of £192,000 for July 2023 – a 0.1 per cent increase from the previous year.
Houses
The Scottish property market has shown signs of cooling as average property selling prices across Edinburgh, the Lothians, Fife and the Borders showed a 2.8 per cent year-on-year drop during June-August 2023 to £286,560, according to the latest ESPC House Price Report.
Stubborn inflation and increased borrowing costs have led to prospective buyers relying more heavily on home reports, according to Shepherd Chartered Surveyors. ESPC reports that in Edinburgh, the Lothians, Fife and the Borders, the average property selling price rose 0.2 per cent year-on-year to &p
Property listings for sale in Scotland have risen substantially across several cities, according to DJ Alexander. The most noteworthy increases from August 2022 to August 2023 were in Inverness with an 83 per cent rise, followed by Dundee at 81 per cent. Edinburgh saw a 45 per cent increase, Perth r
During May-July 2023, the average selling price of property across Edinburgh, the Lothians, Fife and the Borders held steady in comparison to the same time last year. A marginal increase of 0.4 per cent took the average to £287,820, showing that the property market overall has retained composu
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,
Scotland's average house price has risen to £187,150 in April 2023, marking a 2.0 per cent rise compared to the same month the previous year, according to provisional data from the UK House Price Index (HPI).
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
The average price of a property in March 2023 was £184,877, an increase of three per cent on March 2022, according to the latest provisional statistics from the UK House Price Index. Compared with the previous month, house prices in Scotland increased by 0.7 per cent between February 2023 and
Activity in Scotland’s housing market slowed through April according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey, though prices are still rising.
Lindsays has reported that average house prices in the city have risen by over £60,000 since before the Covid-19 pandemic. The firm noted that prices across Edinburgh and throughout the Lothians show no signs of dropping – with values remaining stable and strong.
UK house prices experienced an unexpected and significant drop in March, marking the largest year-on-year decline since July 2009, according to data from Nationwide.
Aberdeen house prices have decreased -0.8 per cent in Q4, indicating a slight downward shift in the local market against Q3 2022 but also a "degree of resilience", according to the latest Aberdeen Housing Market report.
Lindsays has reported a year-on-year increase in the average price of properties it has sold, with the average price in Edinburgh reaching £325,000. Despite ongoing economic uncertainty and political turmoil, the firm believes market appetite remains steady and notes that predictions of price
Subscribers to the free daily newsletter from our sister publication Scottish Housing News, the news service for Scotland's social housing sector, have exceeded 9,000 for the first time with 113 new readers last month taking the figure to 9,087. Unique visitors to the SHN website over the last three