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. |
UK Property for Sale and to Rent
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Very interesting. I wonder why it is that the scottish housing market is performing better than elsewhere in the UK.
I think Scotland is going to be the location to buy in in the coming months.
Has this trend continued? I’d like to mention that I’ve included your blog in my latest post “The Top 32 UK Property Blogs”.