Rettie's private sector property research team provides thorough and bespoke analysis, based on reliable and up-to-date information, led by Dr John Boyle, who has over 15 years of experience as a property economist. Our researchers provide the very best market intelligence and work across a broad range of projects locally and nationally.
With Brexit dominating the headlines, and being blamed for weakening housing market sentiment nationally, the Scottish £1m+ market was contrarian in 2018, reporting a 25% increase in activity and recording the highest level of activity in a decade.
Although sentiment surveys are pointing to a downward shift on the market, the actual statistics for the end of 2018 (Q4) have shown a fairly resilient market, with transactions and average prices up 1.8% and 3.7% respectively on Q4 2017.
The rise in ADS to 4% in Scotland provides those purchasing BTL property with a higher tax demand from early next year. Read our latest Lettings Bulletin released by the Rettie research team, Scotland's largest dedicated property research team.