AC⚡BC - How Covid Rocked the Market | Spring Briefing 2020 hero image

AC⚡BC - How Covid Rocked the Market | Spring Briefing 2020

spring 2020
PUBLISHED: 07 APR 2020

As we move into Spring 2020, analysis by Rettie & Co.'s Research Team has highlighted the significant impacts to the Scottish housing market of the Covid-19 pandemic. 

KEY FINDINGS:

 

Dr John Boyle, Rettie & Co’s Director of Research & Strategy commented, “Our regular Market Briefings series demonstrates the sudden impact of the global pandemic on our local housing market. It is difficult to see a return to normality until the lockdown ends and the market opens again. The economic fundamentals of the market were relatively strong going into this (there was price growth of over 4% in the early part of the year), which should support recovery coming out. However, the longer the lockdown, the more difficult recovery is going to be.” 



Media coverage:
Insider.co.uk
CaCHE
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