Enquiries from prospective homebuyers and newly agreed home sales in Scotland have risen at their fastest rate in several years, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
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Output growth across the UK’s construction sector slowed considerably during last month after reaching a 29-month high during September, the latest PMI data has indicated.
Against the backdrop of the first Labour budget in 14 years and the pressures of the wider economy, Savills has released its latest analysis of the Scottish prime property market. Cameron Ewer, head of Savills residential in Scotland, said: "The Scottish prime market has been adjusting to wider econ
The average selling price of property in Edinburgh, the Lothians, Fife and the Borders has grown to £288,071 during August-October 2024 – a 5.3% year-on-year increase – according to ESPC. The Borders saw its average rise 9.5% to £229,480, while Edinburgh’s average jumpe
Rettie has expanded its executive team with Alan Cumming joining the property firm in a newly created role, head of sales and financial services, to focus on growth and operational efficiencies. Mr Cumming previously spent two decades at Aberdein Considine, most recently as national estate agency di
Surveyors anticipate that commercial property market conditions in Scotland will improve, with rents and capital values expected to pick up after a lacklustre third quarter, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor. A net balance of 1% of su
Investment in Glasgow offices has already surpassed last year's total, reaching £198 million in the year-to-date, a 46% increase from 2023's £136m, according to Knight Frank. The deals figure signals a recovery in the city's commercial property market following the sharp rise in interest
Aberdeen's housing market has shown a 1.6% decline in the average property price during Q3 2024, as transactions rose 9.8% for the same period, according to the Aberdeen Solicitors’ Property Centre (ASPC). Based on data supplied by the ASPC, and compiled by the Centre for Real Estate Research
Harbour Homes has worked in partnership with Cairn Housing Association to create 306 new affordable homes at Granton Harbour.
Property firm Rettie has raised its 2024 house price forecast by a full 1.5 percentage points, doubling its prediction to 3%, with Rettie’s research unit adjusting its forecast due to the recent reduction in the UK interest rate. Dr John Boyle, head of research at Rettie, said: “With the
On the eve of the Housing & Social Care Accessibility Summit, Dougie Herd from headline sponsor Campion Homes says housebuilders are ready to build more accessible homes if the government provides the necessary support. Scotland is at a pivotal moment in addressing the need for accessible housin
Despite rebounding strongly from a c.15% Covid-driven decline in 2020 and exceeding 2019’s activity levels in 2022 and 2023, the UK’s construction sector is forecast to see an overall real spend contraction of -2.1% in 2024 according to PwC UK’s latest Construction and Housebu
Scotland's real estate sector attracted £770 million in investments in the first half of 2024, a 4% rise on the 10-year average and a 30% jump from the same period in 2023.
Glasgow has recorded the highest average annual price growth of new build apartments of the UK’s six biggest cities outside London, according to research from global property advisor JLL.
Given Scotland’s national housing crisis, more needs to be done to fast track planning and new Local Development Plans amid an "alarming" drop in housing completions and new planning consents, says Savills. An uptick in new build sales across Scotland is hastening the demand for residential de


