Glasgow & Edinburgh house prices to beat UK averages over next five years

glasgow houses

House prices in Edinburgh and Glasgow are set to grow by 16.5 per cent and 13.7 per cent respectively over the next five years to 2023, according to new research from the UK’s leading property consultancy, JLL.

Forecasts for the next five years across Scotland suggest more moderate growth of around 11.5 per cent, marginally outperforming the UK five year forecast of 11.4 per cent.

JLL’s forecast for Scotland assumes that a Brexit deal is hammered out over the coming months. The price growth comes at a time when Scotland, like the rest of the UK, has continued to under deliver the number of homes needed to meet demand or to achieve the required targets. <Read whole story…>