Urban Residential

November 15, 2020

Scotland’s residential market is at its strongest condition since 2008. The total of residential transactions during the year ending June 2018 was 100,537, with the number of transactions above £250,000 increasing to a record high of 19,259. The average transaction price from June 2017 – June 2018 has also risen 5% from the previous year to £176,548. This market has been assisted by low mortgage and taxation rates, along with Government initiatives such as Help to Buy. (Source: Savills Scotland Residential Property Market 2018)