Edinburgh residential development costs rising but so is demand

Webb, Donald

Edinburgh residential development costs rising but so is demand - 2007 - Property Forecast 10(8) August 2007, 12-13(2) .

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.


Scotland--1999-