Hit to house prices blamed on ‘sluggish’ Scottish economy



The Scottish economy’s “sluggish” performance has been blamed for house prices rising at around half the rate they have been across the UK as a whole over the past year.
Data released by Registers of Scotland (ROS) found prices north of the Border rose by 4.3 per cent over the 12 months to August to £144,561, up from £138,564 in that month the previous year.
Since the introduction of the UK House Price Index we have been seeing a similar difference in the pattern of growth in Scotland and England Maria Botha-Lopez The UK average climbed by 8.4 per cent over the same period to £218,964.
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18 October 2016 in Politics, Views: 42
Source: Scotsman
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