House Prices Are Recovering Average Cost of Scottish Homes Suggest Signs of Market Recovery

The HeraldNovember 16, 2009

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Summary


THE housing market downturn appears to be bottoming out, with the price of an average Scottish house showing a slight rise, the latest high price index reveals.

The average cost of buying a property in Scotland had gone up by 0.7per cent, according to Lloyds TSB Scotland's latest quarterly monitor of prices.

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House Prices Are Recovering Average Cost of Scottish Homes Suggest Signs of Market Recovery

The average Scottish house price was GBP153,605 for the second quarter of this year compared to GBP152,561 in the monitor's last report.

In Glasgow, the average price is now ...

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