Is the Scottish Property Market Tightening Its Belt?

There are signs, just an inkling of a feeling, that confidence is dropping in the property market.

Not from buyers. We have sold more this month already than last month. The more concerning factor is that supply seems to be weakening. Statistics that I saw today suggest that the number of properties coming to the market in September was lower than the number in August and by a full 10 percent. Our own experience almost exactly mirrors this. More concerning from our point of view is that so far in October we have seen the number take a small nosedive. Our stats are usually pretty representative of what’s happening in the wider market at least in Edinburgh and the Lothians.

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