Reports Give Insight into Housing Market Activity
A new report from Registers of Scotland (RoS) has revealed that the total value of the residential sales market in Scotland from 2007-08 to 2016-17 reached over £143.4 billion. The data is contained in the fifth annual edition of RoS’ 10-year property market report, which looks at trends in the land and property market over […]
House Price Activity across the UK
The average price of a property in Scotland in February 2017 was £138,821, according to the latest UK House Price Index (UK HPI). This is an increase of 3.1% compared to February last year but a decrease of 0.6% compared to January 2017. UK Figures In England, the UK HPI shows that average house prices […]
Property Prices and Mortgage Lending Both Rise
Registers of Scotland (RoS) and the Council of Mortgage Lenders (CML) have both published figures revealing recent levels of activity in the housing market, both in Scotland and the UK as a whole. Average Property Prices The figures from RoS were published in the latest UK House Price Index (UK HPI), and show that the […]
House Price Growth Steady at Start of Year
The start of 2017 has seen ‘broadly stable’ annual house price growth amounting to 4.3%, according to Nationwide’s House Price Index for January. This is only slightly below the annual growth rate of 4.5% recorded in December 2016. On a monthly basis, house prices rose by 0.2% in January, after seasonal factors were taken into […]