Housebuilder David Wilson Homes has remarked on a number of changes in the housing sector.

Brand manager for the firm Ian Webb noted that with the increasing prevalence of gap years, downsizing and career changes, the property market has changed to reflect the changes in consumers' lifestyles.

"No longer can you look at a two bedroom apartment and presume that it is owned by a first-time buyer or a six-bedroom detached house and know that it has been purchased by a large family," he added.

Mr Webb noted that the growth of the elderly population and changes in family structures have also contributed to a continued demand for property.

He concluded by stating that housing "must be flexible", to ensure that it is as suitable for first-time buyers as a single parent, retired couple or downsizing divorcee.

In related property news, the Bank of Scotland's latest Scottish house price index indicates that the average cost of a house in the country currently stands at some £141,158 - 29 per cent less than the UK average of £198,898.