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Insider UK
Insider UK
Business
John Glover

Scottish residential market growth set to continue, but at a slower pace

The Scottish residential market is predicted to continue growing, but at a slower pace due to the recent economic uncertainty.

New research from property services firm Savills showed that house prices in Scotland are expected to grow by 15.7% over the next five years, compared with 12.9% across the rest of the UK.

According to data provider TwentyCi, there were 91.8% more agreed sales in Scotland between £500,000 and £1m, along with 124.3% more sales above a million, compared with the same period between 2017 and 2019.

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