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Are property prices going up in Edinburgh?
Yes, recent data shows that Edinburgh's property prices are rising faster than in England, driven by strong demand and limited newbuilds. Despite a slight decline in new listings, prices continue to grow, with forecasts predicting modest increases in 2026.
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Is the housing market in New York still strong?
Yes, despite political tensions and fears of wealthy flight, luxury home sales in New York remain robust. Data from Olshan Realty and Douglas Elliman indicate increased high-end sales in November, showing resilience in the US luxury market.
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Why are some markets still seeing price growth?
Markets like Scotland and parts of the US are experiencing price growth due to high demand, limited supply, and economic factors that support property investment, even amid political uncertainties.
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Are property prices falling in major cities?
While some areas like Edinburgh have seen a slight decline in new listings, overall prices in major cities are holding steady or rising, especially in the luxury segment. The slowdown in listings can sometimes lead to price stability or growth.
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Should I buy property now in Edinburgh or New York?
Deciding whether to buy now depends on your market and personal circumstances. Edinburgh offers modest growth prospects with some slowdown, while New York's luxury market remains strong. Consulting local experts can help determine the best timing for your investment.
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How do political issues impact local housing markets?
Political tensions can influence buyer confidence and investment flows, but their impact varies. In some markets, like the US, luxury sales remain strong despite political fears, while in others, uncertainty may slow activity or affect prices.