• However the number of homes placed on the market decreased by 6.3% compared to the same period last year. Jamie Fraser-Davidson, Business Analyst at ESPC said “This may be down to sellers becoming less confident as Brexit approaches but rising selling prices and sales volumes indicate that the demand remains strong. The Bank of England’s decision to keep the interest rate at the current level of 0.75% is good news for borrowers. However, with less properties coming to the market, the lack of supply and high demand will continue to drive up selling prices which is not good news for first time buyers who are trying to get on the property ladder.
• In Edinburgh, the Lothians, Fife and the Borders, the average percentage of Home Report valuation achieved was 103.2% between May and July 2019, compared to 105.1% last year.
• Top selling properties for the period May – July – two bedroom flats in Leith followed by three bedroom houses in Dunfermline.
• Top selling properties in Dunbar for the period May - July - three bedroom houses followed by four bedroom houses
• Top selling properties in Haddington for the period May - July - three bedroom houses followed by two bedroom houses
• Top selling properties in North Berwick for the period May - July - two bedroom flats followed by four bedroom houses