Prime Scotland House Prices – Q2 2023
"Prime activity across Scotland is defying expectations, with an annual increase in £500,000+ sales"
Tagged Articles
"Prime activity across Scotland is defying expectations, with an annual increase in £500,000+ sales"
"Scotland’s prime market has witnessed a positive start to the year with constrained supply underpinning values. However, as a wider selection of properties become available, realistic pricing will be essential in order to convert underlying levels of demand into transactional activity"
"Prices stabilise across prime regional markets following mini-budget dip, but realistic pricing will be critical over the coming months"
"Average rental growth across the 30 cities increased by four times the average capital value growth, at 2.8% and 0.7%, respectively, in H2 2022"
"While cities are still in vogue, global capital value growth slowed during the second half of 2022. The prime rental markets, however, told a different, more positive story"
"In an environment of rising interest rates, the costs associated with buying, holding and selling a prime residential property are an important consideration"
"Positive capital value growth continued throughout 2022, with average increases of 3.2% across the 30 cities in the index. However, rising interest rates and negative sentiment took a hold in the second half of the year"
"Central London’s performance has been relatively robust during 2022, both in terms of pricing and transactions. But during 2023, the UK is expected to teeter on the edge of a recession"