The latest of our new homes bulletins has been released. The findings have come from our carefully researched data courtesy of the Rettie Research Team, Scotland’s largest dedicated property research department.
Key Findings:
- Scotland’s housing supply rose again in 2017/18 to reach nearly 18,000 units, but still somewhat short of the 23,000 annual target set a few years ago.
- The Scottish Government’s £1bn investment in social house building to meet its 5-year 50,000 target has seen a significant increase in approvals to reach target levels but completions are still lagging.
- New mechanisms are continuing to emerge to tackle Scotland’s housing crisis, with PfP Capital having secured Scottish Government funding to source a pipeline of 1,000 affordable homes.