Increased confidence in all levels of the market

In terms of market news, Rettie & Co's research and report on the first quarter of this year has confirmed there is increased confidence at all levels of the market and that the slow but steady improvement in activity rates seems likely to continue for the rest of the year.

The report also found that the number of prime property transactions in Edinburgh and Glasgow increased significantly over the first quarter, while the volume of rural sales has lagged behind those in the cities.

The report also revealed that rental demand continues to grow and conditions are improving in the new homes and development markets.

As published in the Herald, 9th May 2012.