Positive growth in house prices in Scotland
Average house price now stands at £183,994 – up by £11,800 over last year. Lothians, Edinburgh and surrounding areas contribute significantly to 6.9% annual growth in house prices in April.
Average house price now stands at £183,994 – up by £11,800 over last year. Lothians, Edinburgh and surrounding areas contribute significantly to 6.9% annual growth in house prices in April.
Scottish house price increases leave England, Wales and Northern Ireland standing. Affordability still the main driver of growth. Edinburgh powers growth with 14.5% average annual increase.
Price growth in Scotland leaves England and Wales standing. New peak average prices in ten of 32 local authorities. 28 of 32 local authorities see prices rise on annual basis.
5.9% annual rate dwarfs England and Wales’ growth of 0.7%. New peak average prices set in nine of 32 local authorities. Biggest monthly increase in over a decade at 1.6%.
Average Scottish House Price stands at £177,161, £7,582 higher than a year ago. Demand for Scottish property remains with lack of stock driving prices up.
Transactions in Scotland at their highest since 2008. Average home up £6,000 on last year as prices increase by 3.5%. Glasgow drives annual growth.
Scotland’s annual price growth slows to 3.5% but remains second highest of Britain’s regions. Lack of supply and strong demand drive price increases across the country.
Scotland defies UK slowdown with 5.6% annual growth. Yet lack of supply coupled with strong demand is factor behind increasing prices across the country.
Annual house price growth highest in UK at 4.8%. More than double the growth rate in England and Wales. Transactions also up on 2016 and 2015.