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A lack of new build stock coming on to the market will only fuel further increases.
The five-year forecast of 4.1 per cent per annum is one of the highest city growth forecasts in the UK, and the rental forecast of 3.3 per cent increase per year, is significantly higher than the UK-wide forecast.
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For Edinburgh, the story of the next five years is one of unabated growth.
Strong demand from buy-to-let investors, first-time buyers and the wider market is leading to multiple bids at closing dates for individual properties.
This new housing paradigm should be embraced and welcomed.“It is good for government, the economy, buyers, sellers and industry participants.
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