Residential Forecasts: Scotland

The Scottish economic and political landscape has been dominated by Brexit over the past 2½ years.

In recent years Scotland’s major cities have established themselves as stand out performers in terms of residential investment and development. Edinburgh, and to a lesser extent Glasgow, have seen above average house price growth in the face of significant supply shortfalls.

However, Scotland has faced political uncertainty since 2014 through the Scottish independence referendum and then Brexit. Remain has been the prevailing vote in both referendums with 62% of Scotland voting to stay in the EU - more than any other region in the UK.

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