Summary
HOUSE prices in Scotland will continue to fall for the next three years and are unlikely to return to their 2007 peak until 2028, according to a report on the property market which predicts a "long, slow correction" ahead.
The annual Housing Market Forecast by high-end estate agent Knight Frank estimates average house prices in Scotland will plummet by 5.9% next year, with slight declines continuing in the following two years before a renewed upturn begins in 2015.See the full content of this document
Extract
More Gloom On Scottish House Prices
Factoring inflation into the equation, the report predicts properties will not return to their 2007 selling prices until 2028, although the authors ant...
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