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GLASGOW MARKET REVIEW | AUTUMN 2019

KEY FINDINGS:

  • 2019 has seen a number of exciting highprofile employment and development plans announced for the City Centre.
     
  • Average house prices in Glasgow have increased by over £25k in the past five years; this equates to c.3.4% per annum.
     
  • Supply has fallen back slightly in prime locations, supporting demand and values in the likes of G3 and G12.
     
  • Rents within Glasgow have increased by c.3.7% per annum over the past five years and are now around £800pcm. 
     
  • Excess demand in traditionally desirable locations has displaced buyers and renters, leading to rising values, rents and yields in key neighbourhoods.

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