Real estate buyers & sellers at Edinburgh, the capital city of Scotland, celebrated a busy start for the year of 2019. Reports acquired from the Scotland-based property dealers named Warners Solicitors & Estate Agent has confirmed that Edinburgh is the new hot locale to hunt for exclusive properties. The months from January to June showcased an increase in the real estate activity in the area as compared to last year in the same months. Not just that, Edinburgh saw the highest sales of homes since the year 2008.
In the initial 6 months for the year 2019, Warners introduced 550+ homes to the real estate market to be sold at good prices. This marked an increase of more than 23 percent as compared to the properties introduced for sale in the year 2018.
The price growth for Edinburgh properties located in prime areas saw a significant moderation during 2019’s first quarter. Political uncertainty was one among the major factors affecting the prices of properties in Edinburgh.
While political uncertainty continues to prevail, Edinburgh is the new market for investors to put their money in. The real estate market for this capital city is flourishing better than ever and a similar trend can be seen for the latter half of the year.
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