Scottish Residential Market Review | Autumn 2018

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

Click here to download the pdf

Key Findings:

  • House prices in Scotland have continued to rise in 2018, up around 5% nationally from the start of the year.
     
  • Demand in the upper LBTT price brackets has continued into the Autumn market in core urban areas.
     
  • Edinburgh and Glasgow lead the market in terms of demand and price increases, up 6% year-on-year, compared to 3.6% in Dundee and -1.1% in Aberdeen.
     
  • Transaction activity is down 4% year-on-year as the market consolidates after a number of years of rising volumes.
     
  • There is evidence that market activity is beginning to slow in the late Autumn as Brexit uncertainty looms, but strong demand and robust prices persist in core markets.

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