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Prime Scotland House Prices – Q3 2022
"Whilst economic uncertainty is affecting the wider housing market, Scotland’s prime market fundamentals have remained strong in recent months. "
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"Whilst economic uncertainty is affecting the wider housing market, Scotland’s prime market fundamentals have remained strong in recent months. "
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"Despite increasing economic headwinds in London, the number of sales of £1 million-plus homes in September this year were more than 50% above the pre-pandemic norm for the same month, according to Twenty-CI. "
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"Across prime London, rental growth continues to set new records as a result of four consecutive quarters of stellar increases. "

"Rare fund activity in the super luxury sector may reflect contrasting views on the future market direction."

"Rental demand was driven by Mainlanders moving to Hong Kong in the third quarter amid the sporadic lockdowns across cities in China."
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"With the news agenda dominated by the prospect of further interest rate rises, inflationary pressures, and increases in both the cost of living and energy bills, homeowners are naturally asking how these issues will affect the prime property market."

"Temporary hiatus in the housing market as the market reacts to the Government’s new fiscal direction"
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"Caution amid the economic uncertainty."
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"With interest rates and the cost of living on the rise, how is a change in the mood music affecting the prime housing market?"
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"Our August client and applicant survey reveals how economic and supply issues are affecting buying decisions."