Category: Property Market News
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Predictions for the Scottish Property Market in 2025
Read the article: Predictions for the Scottish Property Market in 2025MOV8’s Managing Director, Robert Carroll, looks at what’s in store for the Scottish property market in 2025. Mortgage Rates If things go to plan, the Governor of the Bank of England has predicted that we might see four further cuts in 2025. At 0.25% per cut, that would be a 1% reduction to 3.75%. This…
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December Property Market Update 2024
Read the article: December Property Market Update 2024Property Market Highlights Average Selling Prices Rose 5.3% Year-on-Year Between September & November The property market across one of Scotland’s key local markets (Edinburgh, the Lothians, Fife, and the Borders) experienced a sizeable annual surge according to ESPC, with average selling prices rising by 5.3% between September and November 2024 – bringing the new average…
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November Property Market Update 2024
Read the article: November Property Market Update 2024Property Market Highlights Property Prices Grew Significantly Across Scotland’s Key Local Markets The last few months saw Scotland’s property market buzz with activity, as the key regions of Edinburgh, the Lothians, Fife, and the Borders saw a strong 5.3% annual boost in average selling prices between August and October – lifting the figure to £288,071.…
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October Property Market Update 2024
Read the article: October Property Market Update 2024Property Market Highlights All Top 10 Fastest Moving Property Markets Found in Scotland According to an article published in The Herald this month, Scotland’s property market is leading the way as the fastest-moving in the UK, offering opportunities for both buyers and sellers alike. Reporting on recent data from Rightmove, every single one of the…
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September Property Market Update 2024
Read the article: September Property Market Update 2024Property Market Highlights Average Selling Prices Rose 2.3% Between June and August, Hitting £287,488 According to the latest data published by ESPC, average property price across Scotland’s key local markets (Edinburgh, the Lothians, Fife, and the Borders) saw encouraging growth between June and August, with the average selling price hitting £287,488 – a 2.3% increase…
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August Property Market Update 2024
Read the article: August Property Market Update 2024Property Market Highlights Average Selling Prices Virtually Unchanged Year-on-Year, Hitting £284,624 Between May – July 2024 According to the latest data published by ESPC, property prices across Edinburgh, the Lothians, Fife, and the Borders remained steady between May and July this year, averaging £284,624. This figure closely matches the £284,167 average from the same period…
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July Property Market Update 2024
Read the article: July Property Market Update 2024Property Market Highlights Registers of Scotland Release Latest Property Market Report The Registers of Scotland published their latest Property Market Report at the end of last month. Here’s a quick overview of the key findings: Property Sales Between June 2023 and 2024, nearly two-thirds of all residential property sales in Scotland were priced between £40,000…
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General Election 2024 – What does the result mean for Scotland’s property market?
Read the article: General Election 2024 – What does the result mean for Scotland’s property market?With most of the results now in, it’s clear that the Labour Party has achieved a landslide victory in the 2024 UK General Election and that it will replace the current Conservative Party government. In Scotland the SNP, the largest party in the Scottish Parliament, won just 9 seats versus the 48 that it won…
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June Property Market Update 2024
Read the article: June Property Market Update 2024Property Market Highlights Homes Across Key Scottish Markets Enjoyed a Boost of 1% in Average Annual Selling Prices Between March-May, Hitting £275,170 Great news for property sellers this month as average property prices across Scotland’s key local areas experienced year-on-year growth. Between March and May 2024, homes in Edinburgh, the Lothians, Fife and the Borders…
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May Property Market Update 2024
Read the article: May Property Market Update 2024Property Market Highlights Average Property Prices Rose 1.5% Year-on-Year, hitting £269,963 Properties across Scotland’s key local markets enjoyed an increase in their annual average selling prices between February and April 2024. According to the latest data published by ESPC, homes in Edinburgh, the Lothians, Fife and the Borders sold for an average of £269,963 –…
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