Scotland's property prices keep climbing |
House prices in Scotland have seen a significant increase over the past year, with the average price rising by £11,458 to reach £187,434, marking a 6.5% annual growth. David Alexander, chief executive of DJ Alexander, said: "The Scottish housing market continues to be buoyant... at a time when interest rates have remained stubbornly high." Notably, East Renfrewshire and Edinburgh recorded the highest increases, while areas like Argyll and Bute experienced slight declines. The disparity in prices is concerning, with a nearly £200,000 difference between the most and least expensive areas. Despite some regions struggling, the overall market remains robust, outpacing growth in England and Wales. |
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