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Moray · report

People and new homes in Moray

In 2025 the population fell by 293 while 247 homes were finished.

Homes finished, 2025
247
Population change, 2025
−293

Population change and homes finished in Moray

The population's yearly change, net migration plus births minus deaths (ONS), against homes finished (MHCLG and the Welsh, Scottish and Northern Ireland statistics).

Population change

Show the numbers
YearPopulation change
2025-293
202433
2023400
2022-3
2021323
2020-171
20190
2018-284
2017-140
2016412
2015369
2014470
2013598
2012157

Homes finished

Show the numbers
YearHomes finished
2025247
2024437
2023347
2022434
2021302
2020315
2019443
2018335
2017359
2016429
2015327
2014425
2013374
2012628

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2012+270−113+157628
2013+580+18+598374
2014+470+0+470425
2015+480−111+369327
2016+460−48+412429
2017+0−140−140359
2018−90−194−284335
2019+240−240+0443
2020+10−181−171315
2021+550−227+323302
2022+360−363−3434
2023+910−510+400347
2024+420−387+33437
2025+160−453−293247

Births, deaths and moves are ONS's mid-year estimates, each year to 30 June, counting moves to and from the rest of the UK and abroad. Homes finished are new homes completed in the calendar year, from each nation's house-building statistics; England's run below its net additions. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.

Other reports for Moray

Sale prices have an 80% chance of landing between £196,985 and £227,117 by August 2027.

Expected, August 2027
£212,051
Chance of a rise
77%

At the average sale price, a home costs £203,371. With 10% down and a 30-year mortgage, the payment is £938 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
17%
Payment, one income
33%

Figures for Scotland: Moray has no reliable figures of its own.

Owning the average home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,011
Owning per month
£934

15.6% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
306
Per 1,000 residents
3.2

Figures for United Kingdom: Moray has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 10 times since 2004. The deepest began in July 2008.

Deepest fall
−14.7%
Recovery from the low
62 months

In 2026, 3% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2026
3%