The average price of a property in Scotland in February 2024 was £188,000, an increase of 5.6% when compared to February 2023, the latest provisional statistics from the UK House Price Index (HPI) have shown.
Cairn Group, estate agency and letting firm serving Scotland’s central belt, from Edinburgh to Glasgow, has undergone a significant management restructure.
The number of homes coming onto the market for sale in Scotland increased at its strongest rate in three-and-a-half years in March according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.
Investment in Scotland’s commercial property market has experienced a notable rebound during Q1, as inflation comes under control and a cut to interest rates looks more likely, according to analysis from Knight Frank.
Forth Valley-based commercial landlord and business support specialist, Ceteris Scotland Ltd, has expanded its property portfolio by acquiring the Falkirk Business Hub for £2 million.
Property prices remained steady across Edinburgh, the Lothians, Fife and the Borders in the first quarter of 2024, while some hotspots saw significant increases, according to ESPC.
Housing stock across the UK is characterised as “expensive, cramped and ageing” when compared with that of other countries, according to new analysis by the Resolution Foundation.
The average property selling price in Edinburgh, the Lothians, Fife, and the Borders declined 4.6% year-on-year to £272,096 between September 2023 and February 2024, according to ESPC.