Property

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New build starts in Scotland have experienced a significant decline of nearly a quarter over the past year, as reported by DJ Alexander Ltd. The property firm said that the latest quarterly housing statistics up to September 2023 showed that all sector new build starts fell 24.4% from 21,534 in 2022

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New insights from the Aberdeen Solicitors Property Centre (ASPC) have revealed a 3.1% dip in property prices in the city over the past year, amidst this, a positive quarterly rise of 0.5% offers a ray of hope.

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Savills latest analysis of UK residential market performance during 2023 has shown that while mortgage affordability has impacted the wider market, Scotland’s prime market has been the most resilient in the UK with a 1% increase in net agreed sales. This compares to -17% drop in prime UK regio

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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

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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.

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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

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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

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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

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