Scottish Property Market Up
Published / Last Updated on 06/01/2008
Bank of Scotland
Bank of Scotland predicts that Scottish house prices are set to buck the UK trend in 2008, believing that prices north of the border will grow by 4 per cent next year, reaching a record high average of £148,000.
The bank also said that the Scottish property market would continue to be under pinned by a strong employment market in 2008.
Our view
Scottish property tends to lag behind England by a year or so. Expect a slow down in Scottish property towards the middle and end of 2008.
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