Property

House prices in Scotland are anticipated to rise through the first quarter of 2024 according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.

The average Scottish house price reached £194,000 in November 2023, a 2.2% increase compared to the same period in 2022, according to the latest data from the UK House Price Index (HPI).

Property taxes in Scotland exceeded £600m over the last year according to analysis of the latest statistics by property firm DJ Alexander Ltd.

In a bold move set to redefine the landscape of Scotland's property industry, Angela Wallace, the centre and operations manager at Tayside Property Solicitors Centre (TSPC), anticipates a pivotal role for AI in house sales throughout 2024. A digitised strategy, known as proptech, embraces the use of

The UK house prices have rebounded and registered a 1.1% increase in December, marking the third consecutive monthly rise, according to the latest Halifax House Price Index.

Global real estate advisor CBRE has predicted a modest 0.8% decrease in house prices in Scotland for 2024, slightly below the UK average of 0.9%. However, a positive outlook emerges as CBRE foresees a rebound in 2025 with a 4.2% rise to £187,589, and a further 5% increase in 2026, reachin

Shepherd Chartered Surveyors has expressed a positive outlook for the North of Scotland's housing market in 2024. While the latest Royal Institution of Chartered Surveyors (RICS) residential market survey saw both lower demand and supply in the Scottish property market, resulting in a fall in the nu

Property firm Rettie & Co is forecasting Scottish house prices to rise by around 1.5% in 2024, with overall residential property transaction activity increasing to approximately 4.3 per cent. Rettie sees continued pressure on the private rental sector (PRS), with double-digit increases in averag

CBRE has forecast a nascent economic recovery in the latter half of 2024, with a more robust rebound expected in 2025, according to its UK Real Estate Market Outlook 2024. This optimistic outlook is bolstered by the Bank of England's anticipated interest rate cuts in the second half of 2024, wh

Scotland's housing market exhibited a complex trend in October 2023, distinguished by a modest annual increase in average house prices, juxtaposed with a monthly decrease and a significant decline in residential sales volumes.

Financial forecasts for Scottish Registered Social Landlords (RSLs) remain robust but governing bodies could face difficult trade-offs as finances tighten, according to the Scottish Housing Regulator’s summary of the sector’s financial plans for the next five years.

Glasgow-based factoring firm Newton Property Management has successfully acquired Morison Walker Property Management, a historic company rooted in Greenock since its inception in the early 19th century. The acquisition sees Newton, a member firm of The Property Managers’ Association Scotland,

November saw both lower demand and supply in the Scottish property market according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market.

The Scottish Budget is under pressure to boost the housing sector, as highlighted by property firm DJ Alexander Ltd. The company's CEO, David Alexander, stresses the urgent need for governmental action, including stimulating private sector building, expanding social housing, and revising the Land an

UK Finance has unveiled its housing and mortgage market forecasts for 2024 and 2025, alongside a review of 2023 showing that the UK mortgage market has experienced significant pressures in 2023 due to rising interest rates and increasing household costs.