NATIONAL SALES VOLUMES RISE
The final numbers for the year ending December 31, 2015 are in – we can confirm strong third quarter (year on year) results in East Lothian with a residential property sales volume increase of 22.9%.
The average property price in East Lothian has also increased (year on year) by 3.1% making the average price being paid for a home in East Lothian is now £212,547
SCOTTISH PROPERTY OUTLOOK FOR 2016
Based on the combined factors including continuing low interest rates; continuing strong demand placing pressure on current supply; consumer confidence and general economic indicators, we are predicting steady 2016 growth in both home sales volumes (6-8%) and home sales prices (5-6%). The Scottish property sector is expected to perform well – so whether you are a buyer/seller or investor, significant opportunities will be available to all.