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Areas of interest
Aberdeen property market continues to show signs of improvement in Q2 review
August 10, 2022
The second quarter of the year continues the trend disclosed in recent reports. We have seen signs that the local housing market has been improving and the Q2 statistics reinforce belief in a gradual but persistent improvement.
Aberdeen property market continues to show encouraging results in Q1 review
May 05, 2022
This last index is interesting because it has been a negative figure for some years but in recent years has been diminishing – indicating that prices are slowly heading back to where they once were. In effect, losses are slowly being recovered.
Aberdeen property market shows encouraging results in Q4 market report
February 10, 2022
The report released by the Centre for Real Estate Research at the University of Aberdeen Business School, for the fourth quarter of the year has just been released. While the results demonstrate a fall back, to some extent, from the position in the preceding (third) quarter, a significant part of that will be down, I suggest, to 1 main factor. The fourth quarter is often a relatively quiet quarter, when the activity decreases as the year end approaches.
Aberdeen property market shows signs of a steady recovery in Q3
November 02, 2021
This quarter, the results continue the improving picture set out in the Reports for the first two quarters of 2021. The third quarter figures are of interest because there can be years when the results foretell a disappointing year. I am happy to be able to report that the third quarter results continue to show a steady improvement of previous years and show a small but significant “milestone” achieved.
Aberdeen property market shows signs of recovery in Q2 review
July 27, 2021
Since the easing, in part, of the lockdown around late summer last year, it became clear that our local market was showing good activity in property sales, across the board, as our market sought to “catch up” after the enforced shut down. It was a matter of some speculation just how long the increase in activity would last and what, if any, effect would be discernible in price movement.
What can you do if you own a residential apartment in a building that has cladding?
June 17, 2021
Following on from the tragic Grenfell disaster in 2017, it became clear that there were many buildings in the UK with similar cladding issues, with a range of uncertainties presented after subsequent inquiries.
Aberdeen property market sees positive movement in Q1 2021
May 11, 2021
Last year was unusual for everyone, but especially for the Aberdeen property market. After a mildly encouraging start, the local market was stopped in its tracks by lockdown, only to recover, strongly, later in the year. In my last market review, I remember endeavouring to dampen expectations for 2021 and was concerned not to raise hopes as the success could be short-lived.
How Covid-19 impacted the local housing market in Q4 2020
February 04, 2021
With an almost complete cessation of activity from late March until mid-summer, our member firms were forced to adapt their approach to business and overcome an array of challenges, yet we ended the year with an unexpected increase in property prices.
Ask the Expert Roundup: Covid-19 and the North East Property Market
December 02, 2020
Last week, we hosted our first ever virtual “Ask the Expert” event. With an expert panel assembled from the local property sector, the focus for this event was on answering burning questions from members of the public around Covid-19 and the North East property market.
Post lockdown recovery continues throughout Q3 of 2020
November 12, 2020
This latest report follows on from the severe consequences of lockdown disclosed in the previous report. The Q2 report showed a sharp drop in sales which reduced by a third, as well as a significant drop in properties coming on to the market.
Updated Government Guidelines for moving home
October 01, 2020
On 24th September, the Scottish Government confirmed that home moves are still permitted under the new guidelines, provided they can be carried out safely. Here we look at the guidelines in a little further detail, so you can understand what they mean for you.