- January 2012
Are we seeing the likelihood of a missing generation in the property market? The latest Bank of Scotland statistics relating to First Time Buyers in Scotland make for interesting reading...
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- December 2011
Here we are again, almost at the end of another year! What will the New Year bring for the Edinburgh and Lothians property market?
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- October 2011
The last few months have been fascinating with regard to the dynamics of the property market. Activity seems to change from week to week – one week frantically busy and the next week – noticeably quieter. Across the year, 2011 sales have been very slightly down when compared to 2010, however, late summer activity in August was noticeably ahead of 2010. Having said that, the first 2 weeks of September were weak but the second half of the month showed a noticeable uplift in £s of property sold.
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- March 2011
Historically it has been acknowledged that Edinburgh has a property market of its own. The factors that seem to influence the general UK property market tend not to be reflected in the city and nationwide average house prices that include the strength or weakness of the property market in locations such as Sunderland or Milton Keynes can be misleading. In fact market conditions in the Scottish capital are showing positive signs.
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- November 2010
We are aware that it’s been some time since our last commentary, but as market conditions have been fluctuating constantly (and we’ve been extremely busy selling!) we have been finding it difficult to know when and what to report. Now that the autumn rush seems to be over, we thought it an opportune time to review the year to date.
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- February 2010
We are pleased to report a very good start to 2010 after the difficulties of the last 18 months. Central Edinburgh properties in good locations appear to have recovered well with much more activity and a small recovery in prices. As a general rule I believe that properties are now worth about 10% below the peak of the market in late 2007/early 2008 despite the fact that the official statistics do not fully reflect this decrease. These statistics do not take into account properties that were not sold because some sellers were not willing to accept the correction in the market that had clearly taken place.
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