"The Aberdeen area residential market is looking less gloomy, with values stabilising and transactions recovering slightly in recent months..."

"A further reduction in values has enabled a recovery in regional locations, with more buyers now coming from outside Scotland..."

"The punitive rates of LBTT are now impacting the million pound market. However, this market is no longer heavily concentrated in Edinburgh and Aberdeen, with more activity in the west and other regional locations"

"Scotland’s new build sector has outperformed the wider market, with support from Government incentives. Meanwhile, mixed-use schemes in central Glasgow will deliver future homes and workspace, changing how we live, work and socialise"

"The market above £750,000 is struggling to adjust to LBTT, which is heavily reliant on the top end of the market and sales in Edinburgh. Future Government targets will not be achieved unless there is a significant change in rates"