Savills

Commercial investment volumes in Scotland for 2023 amounted to £1.493 billion, marking a 34 per cent decline from the previous year, according to Savills.

Scotland's property prices have continued to rise, with the highest increase in house prices recorded in over a decade. The pandemic has caused a property boom, reaching its peak in May, which has led to a 12.1 per cent rise in property prices.

Property giant Savills has seen reported a 74 per cent year on year increase in home sales across the north east of Scotland in a post-lockdown market bounce. Savills said that the increase between July- October 2019 and the same period this year mirrors what is happening across Scotland as a whole.

Global real estate services provider Savills yesterday opened a new office in Inverness. The new office, headed up by director Faye Gonzalez, comprises experts in estate management, rural agency, architecture, building surveying, CPO, Valuations, rural tourism and diversification.