Activity has held up well in the first nine months of this year, and as this is in the face of increased competition from out of Borders and web based estate agencies, my view is that the group has reason to be pleased with our performance to date.
Low interest rates continue to have a positive effect on sales, and while we have seen decent viewing figures across all price brackets, it has been particularly pleasing to see the number of first time buyers coming back into the market. Borders is a comparatively low priced area of the country, and it is still possible to pick up a decent two bedroomed flat below £100,000.
The Borders railway was opened during September, and it will be interesting to see how that affects both price and activity in the local market over the next year.
Given that the quarterly statistics being collated are designed to be included in a feed to national media in an effort to up the profile of SPC Scotland, is there merit in inviting the centres to break down the sales activity above £100k into £50k or £100k price bandings. This would give a much more interesting snapshot on comparative affordability country wide, and would probably appeal more to the press and web based media from a local/human interest point of view.