Scotland records highest annual property price growth across UK according to Your Move/Acadata HPI

The latest Your Move/Acadata House Price Index Scotland for August 2017 released October 2017 headlines ‘Scotland leads UK house price growth.’

The report reveals that annual house price growth (August) in Scotland is highest in UK at 4.8%, more than double the growth rate in England and Wales. The average house price in Scotland is £176,876.

Christine Campbell, Your Move managing director in Scotland said: “Housing in Scotland continues to shake off the uncertainty we’re seeing elsewhere in the UK economy. Here, low interest rates, high employment and prices that are still affordable are supporting continued robust growth.”

Alan Penman, business development manager for Walker Fraser Steele,one of Scotland’s oldest firms of chartered surveyors and part of the LSL group of companies, said: “Scotland’s housing market is now leading Britain and that simply reflects very strong fundamentals. It’s always dangerous to speak too soon but the market currently looks in good shape.”

Full details of latest Your Move/Acadata House Price Index Scotland click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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