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Edinburgh residential development costs rising but so is demand

By: Language: English Series: Property Forecast ; 10(8) August 2007, 12-13(2)Publication details: 2007Subject(s): Summary: Examines the residential property market in Edinburgh. It is the most buoyant in Scotland. House prices average £221 000, well above the Scottish average of £154 000. However there are concerns for its future. A number of factors suggest trouble ahead, including rising interest rates and wages on average just a fifth of the average price. Additionally, problems with land supply and public transport are causing concern. Describes the distinctive features of the local market, and assesses the challenges facing developers.
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Journal article London Journal article L140062 (Browse shelf(Opens below)) 1 Available 140062-1001

Examines the residential property market in Edinburgh. It is the most buoyant in Scotland. House prices average £221 000, well above the Scottish average of £154 000. However there are concerns for its future. A number of factors suggest trouble ahead, including rising interest rates and wages on average just a fifth of the average price. Additionally, problems with land supply and public transport are causing concern. Describes the distinctive features of the local market, and assesses the challenges facing developers.