Scottish housing market bucking the trend
The housing market in scotland is weakening like the rest of the uk, but we still appear to be bucking the trend of sharp falls in house prices in comparison with the rest of the UK.
Lender Nationwide reported that the average cost of buying a home in Scotland was £149,541 in the second quarter of 2008, 0.6% more than the same period last year, making scotland the only place in the uk showing annual growth, in comparison with a 3.4% drop accross the rest of the UK.