Reports Give Insight into Housing Market Activity
A new report from Registers of Scotland (RoS) has revealed that the total value of the residential sales market in Scotland from 2007-08 to 2016-17 reached over £143.4 billion. The data is contained in the fifth annual edition of RoS’ 10-year property market report, which looks at trends in the land and property market over […]
Housing Market Needs More Houses
The UK Government recently published a White Paper on the housing market in England, describing it as “broken”. According to the White Paper, the reason for this is very simple – not enough homes are being built, now and in the past, and supply continues to lag significantly behind demand. Not Enough Houses Being Built […]
Scottish Housing Market Update
There was a rise in the average price of a property in Scotland in October 2016, taking the average price to £143,131, the latest UK House Price Index (UK HPI) has revealed. This is an increase of 4% over the previous year, and an increase of 1% compared to September 2016. Across the UK as a […]
House Price Growth Remains Firm but Supply Falls
The latest UK Residential Market Survey from RICS has revealed a slight dip in Scottish housing market activity in September, with a fall in new buyers and properties coming onto the market, however house price growth has remained firm. According to the survey, 33% more respondents reported a rise rather than a fall in prices […]
Confidence Returns to the Property Market
Confidence is returning to the UK housing market after a slight dip in the run-up to the EU Referendum, the latest Property Tracker by the Building Societies Association (BSA) has found. The Tracker found that a greater proportion of people (12%) are more likely to purchase property now than they were at the beginning of […]
May Sees Dip in Scottish Housing Activity
Activity in the Scottish housing market slowed during May, as a decline in new properties coming on to the market was accompanied by a drop in new buyer enquiries. This was the finding of the latest RICS UK Residential Market Survey, which revealed that a net balance of 13% more chartered surveyors reported a fall […]