Key Findings:
- The Edinburgh housing market has returned an average annual compound price growth rate of c.3.7% over the past 5 years, outperforming many other UK markets.
- Demand for prime property remains high, with supply levels falling back slightly in 2019, e.g. by c.15% in EH3.
- Sales and rental demand in core locations has led to price growth and demand being displaced to neighbouring areas, e.g. average apartment yields in EH8 are now 7%.
- While there are signs that Brexit has impacted the market overall, this is not uniform across the whole market and undersupply remains a key driver in many locations.