Scottish house prices remain in positive territory, according to Zoopla, rising 2.2% annually (average house price is now £162,600). Average prices in Scotland stood at £194,000 in November 2023, according to the ONS and average prices in Northern Ireland were recorded at £180,000 for September 2024. Asking prices rose £4,571, on average, in real terms, taking average house prices up to £359,748, although prices are still 0.7% lower than in January 2023. Annual property price inflation has been gradually slowing since July 2022, when annual price inflation was at 13.8%. The most resilient regions are Scotland (house prices are unchanged annually at £203,116) and Wales (prices down by 1.5% and average prices are £215,787).


Source:   The Times
May 01, 2024 12:11 UTC