EDINBURGH MARKET REVIEW | SPRING 2019

We are delighted to release our Edinburgh Market Review, courtesy of the Rettie & Co. research team, Scotland’s largest dedicated property research department.

 

KEY FINDINGS:

  • Stock levels in Edinburgh rose strongly at the end of 2018 and this has continued into 2019.
     
  • The city experienced small year-on-year falls in price and activity in Q1 2019.
     
  • Average house prices in the city rose 6.6% in 2018, while transactions fell back -8.8%, resulting in market turnover down 2.8%.
     
  • Activity at the start of 2019 is pointing to market consolidation but stock and enquiry levels point toward persisting demand.
     
  • Contrary to other parts of the UK, Edinburgh’s economic outlook and market sentiment is positive, underpinning continued housing demand in the city.
     
  • Within the city, most postcode areas have experienced increased housing supply in 2019.
About Andrew Meehan

Andrew re-joined the Rettie & Co. Research Team at the start of 2015 having originally worked for the company from 2005 to 2010. Andrew has an MA (Hons) from Edinburgh University and an MSc in...

Andrew Meehan
Associate Director
Edinburgh Read More