Prices moderate in Edinburgh but it is still one of top cities in Europe for growth

Price growth in Edinburgh’s prime property market moderated in the first quarter of 2019, up 0.6% with political uncertainty possibly affecting the city’s real estate sector. However, prices in the prime property sector in Scotland’s capital city are still up 7.6% on an annual basis, down from 10.6% at the end of 2018, meaning it is still one of the fastest growing cities in Europe, according to the latest index from Knight Frank. Demand continues to outstrip supply in Edinburgh and this has led to rising demand for family homes which have increased in price by 9.2% year on year while the price of flats are up 5.1% year on year.