New figures from Registers of Scotland showed that more homes were sold in the Capital city than other part of Scotland. Figures showed that:
- 11,991 homes were bought and sold in Edinburgh in 2015, up 8.3 per cent on the previous year and more than anywhere else in Scotland
- The average price in Edinburgh was also the highest in Scotland at £238,036, an increase of 4.9 per cent from the £227,023 figure for 2014.
- The total market value of the property exchanged in the Capital was £2,854,284,155 – a 13.6 per cent increase on the 2014 figure of £2,513,595,738.
- The average price of a residential property in Scotland rose by 3.6 per cent last year to £169,402.
- The biggest rise in average price was in West Lothian – up 9.1 per cent from £147,628 to £161,014.
- The area also saw a 10 per cent rise in the volume of sales from 2802 to 3083 and a 20 per cent rise in the total market value to £496 million. Midlothian saw a 5.9 per cent increase in average price from £173,513 to £183,720, while the volume of sales rose by 4.9 per cent from 1584 to 1661 and the market value was up 11 per cent to £305 million.
- In East Lothian, sales were up 7.7 per cent from 1732 to 1866, with the average price increasing 2.8 per cent from £209,962 to £215,822 and market value up 10.7 per cent to £402 million.