The number of new Lets Agreed in Edinburgh in May was almost double what it was in January (Rightmove) and up 15% compared to April.

Citylets have released their Scottish rental market overview for Q1 2021, reporting on the trends from the rental sector since the beginning of the year.

After a long 4 months, COVID restrictions are beginning to ease in Scotland and we’re beginning to see available rental stock levels reducing.

We closely monitor property sales data on Rightmove to understand the trends that are shaping Edinburgh’s property sales market and to help us and our customers consider what’s ahead.

March saw a 5th month in a row of slow and steady market conditions in the Edinburgh rental market but we expect the market to accelerate and stock levels to drop as we head into the summer. Change is coming.

We’ve examined some of the data on Edinburgh’s property sales market to help understand what happened in 2020 and get some clues on what 2021 has in store.

A picture tells a thousand words and we’ve created a chart which nicely tells the story of a turbulent year for the Edinburgh rental market.

Another month of figures and more insight showing the trend in available properties during COVID-impacted 2020 vs 2019.

The market has kept moving and we look at the volumes of move-ins compared to 2019, which are beginning to align with the numbers from last year.