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Insider UK
Insider UK
Business
Peter A Walker

Scottish housing market outlook challenging, amid reduced market activity

The outlook for the Scottish housing market remains challenging, amid a fall in market activity during September, according to the latest RICS UK Residential Market Survey .

Respondents have also expressed concern about the impact of new Scottish Government initiatives on the supply of rental properties, potentially pushing up prices and reducing choice.

A net balance of -24% of Scottish respondents to the latest survey reported a fall in new buyer enquiries in September, down from -20% in August. This is the fifth month in a row in which buyer interest has dropped.

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