Edinburgh property prices hit a record high
“I’ve never seen anything like it," says Edward Douglas-Home, head of Scotland residential at Knight Frank. "Once lockdown was lifted there was an explosion in activity and it’s been an extremely busy summer that has seen the return of competitive bidding on sought after properties."
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“A lack of homes for sale rather than a lack of desire from buyers is what is dictating the pace of the market,” says Rightmove, as the UK’s average asking price rises 2.1% in a month.
‘Best ever spring sellers’ market’ as asking prices hit another record high
Rightmove has recorded the biggest March jump in average asking prices since 2004 - but the portal's top analyst warns "there are headwinds that seem likely to remove the current market froth in the second…
Asking prices rise to another record high – but the pace of growth slows further
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