Scottish Property Market Continues To Prosper
CKD Galbraith supports the findings of today's Registers of Scotland's Quarterly Housing Price Statistical Report (April - June 2014) and can report a successful second quarter with an increase in the volume of sales achieved compared to the first quarter of the year and the same quarter in 2013.
CKD Galbraith supports the findings of today’s Registers of Scotland’s Quarterly Housing Price Statistical Report (April – June 2014) and can report a successful second quarter with an increase in the volume of sales achieved compared to the first quarter of the year and the same quarter in 2013.
Registers of Scotland has reported that from April to June this year, the total volume of sales registered across Scotland was 24,351, an increase of 22.4% on the same quarter the previous year. It is also the fourth consecutive quarter in which the sales volumes have increased by in excess of 22%.
Simon Brown, partner and head of residential sales at CKD Galbraith, said: “The firm has experienced a steady increase in sales throughout 2014 with the volume of sales agreed up by 32% compared to the first quarter of this year and a 31% increase compared to the second quarter of 2013.
“Overall we have seen very encouraging signs with particular hot-spots showing dramatic increases in sales and viewing figures. Regions such as Edinburgh, Perthshire, Aberdeenshire and Inverness continue to thrive with a notable interest coming from national and international buyers.
“A staggering 76% of sales in Edinburgh have come from buyers out with the city for the first half of 2014, demonstrating both the reach of the firm and the injection of interest in the Scottish property market. This in turn has led to a return to the competitive closing date system in some cases; however, agents with good local knowledge and realistic pricing still remain the key factors in selling property.
CKD Galbraith has enjoyed substantial growth over the years and operates a network of regional offices located throughout the country. The firm has recently celebrated the launch of its new office in Cults, Aberdeen to meet strong demand in the burgeoning North East residential property market.
Today’s figures from the Registers of Scotland report show a slight decrease in the number of sales within the already thriving Aberdeen City area but a large increase in sales in Aberdeenshire, with the volume of sales up by 21.5% compared to the same quarter last year.