Scotland’s property market reaches 11-year high ahead of Brexit
Property transactions worth more than £8 billion were recorded between January and June this year, the best for this six-month period since 2008, according to Aberdein Considine’s quarterly property monitor.
High sales in the second quarter, from April to June, have been credited with driving the trend.
A total of 25,806 sales concluded in these three months, up just under 1,000 – or four per cent – on the same period last year.
The additional activity pushed the average price of a Scottish home up 1.6 per cent to £172,189, despite the market stalling elsewhere in the UK.
The capital is followed by East Lothian, where prices have risen by 15.2 per cent to £260,399 – the largest increase in Scotland.
East Dunbartonshire came third at £250,017, up 4.1 per cent, with East Renfrewshire in fourth place with an average price of £244,902, a 3.9 per cent drop. https://www.scotsman.com/lifestyle/homes-gardens/scotland-s-property-market-reaches-11-year-high-ahead-of-brexit-1-4990869