
Prime regional house prices – Q2 2023
"As pressure on buyers’ budgets increases, committed sellers need to price in a way that reflects the prevailing macroeconomic conditions"
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"As pressure on buyers’ budgets increases, committed sellers need to price in a way that reflects the prevailing macroeconomic conditions"

"Prime activity across Scotland is defying expectations, with an annual increase in £500,000+ sales"
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"Scotland’s prime market has witnessed a positive start to the year with constrained supply underpinning values. However, as a wider selection of properties become available, realistic pricing will be essential in order to convert underlying levels of demand into transactional activity"

"Prices stabilise across prime regional markets following mini-budget dip, but realistic pricing will be critical over the coming months"

"Average rental growth across the 30 cities increased by four times the average capital value growth, at 2.8% and 0.7%, respectively, in H2 2022"

"While cities are still in vogue, global capital value growth slowed during the second half of 2022. The prime rental markets, however, told a different, more positive story"

"Positive capital value growth continued throughout 2022, with average increases of 3.2% across the 30 cities in the index. However, rising interest rates and negative sentiment took a hold in the second half of the year"

"In an environment of rising interest rates, the costs associated with buying, holding and selling a prime residential property are an important consideration"