Values continue to grow strongly in Scotland says Your Move
Latest Your Move/Acadata Scotland House Price Index revels annual house price growth in Scotland rose to 4.7% in July – up from just 2.9% in May.
Scotland continues to have the most affordable housing in Great Britain, lack of stock leads potential sellers to adopt a wait and see approach
Christine Campbell, Your Move managing director in Scotland, said: “Values continue to grow strongly within Scotland and this is particularly evident in Edinburgh and Glasgow.
“This is fuelled, in part, by the ongoing strong demand for properties but also the lack of stock available. Many potential sellers want to make a move but, unable to find a property to move to, are taking a ‘wait and see’ approach and this, in turn, is creating a gridlock which is affecting the movement of properties across most price bands.”
More information lslps.co.uk