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House prices in Scotland rising at fastest rate in UK

30th November 2017

Mortgage Strategy Article:

House prices in Scotland are rising faster than the rest of the UK, with annual growth of 5.6 per cent, according to estate agent’s Your Move.

Their Scotland House Price Index, compiled with Acadata, says a lack of supply is helped drive prices upwards in September, with a monthly increase of 1.4 per cent.

This pushed the price of the average property in Scotland up to £177,960.

The annual rate of growth – at 5.6 per cent – is significantly more than in other regions of the UK, and more than three times the growth rates seen across England and Wales

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