Scotland – Property Market Report 2019-20

On 30th June, Registrars of Scotland (RoS) published the property market report 2019-20.

The latest statistics from Registers of Scotland’s Property Market Report 2019-20 show that the value of residential property sales in the financial year 2019-20 was £18.5 billion, an increase of 2.0 per cent when compared with 2018-19.

The residential sales market has increased by 70 per cent since 2009-10 and reached a 12-year-high in 2019-20, but remains 20 per cent below the pre-financial crisis level in 2007-08 (£23.1 billion).

Due to the introduction of government measures to reduce the spread of coronavirus (COVID-19) in March 2020, fewer transactions were received by RoS than expected in March 2020. Follow the link to read it