The average price of a property in Scotland in December 2016 was £141,553, according to the latest UK House Price Index (UK HPI). This is an increase of 3.5% on the previous year and a decrease of 0.2% when compared to the previous month.
Activity in the Scottish housing market slowed during May, as a decline in new properties coming on to the market was accompanied by a drop in new buyer enquiries.
...There is a split in confidence in the housing market, according to the latest quarterly Halifax Housing Market Confidence tracker, with optimism about house sales remaining high but confidence in the purchase market reaching its lowest level since 2011.
...Demand for property continues to grow across Scotland and house price gains remain positive, according to the latest RICS UK Residential Market Survey.
...Last month saw an increase of nearly 10% in the supply of houses coming on to the market, according to the National Association of Estate Agents (NAEA).
...In tandem with increasing demand from potential buyers, prices continued to grow in Scotland with 32% more respondents reporting rises rather than falls, according to the September 2013 RICS Residential Market Survey.
...Just 2% of consumers fear that the housing market is overheating, the Building Societies Association's (BSA) Property Tracker report has revealed, but distinct signs of life are emerging.
...The Scottish housing market remained broadly stable last month, with both activity and house prices showing some encouraging signs, according to the latest RICS Housing Market Survey.
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