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Thursday, April 23, 2015

Scottish property prices jump in Feb

Scottish property prices jumped by 1.7% in February to a high of £169,742 according to Your Move Scotland's latest HPI.

This is the fastest rise recorded since the 2007 crash.

Sales were up 14% month on month but remain 4% lower that in  February 2014.

Christine Campbell of Your Move commented

‘The impressive rise in house prices in February has been influenced by the introduction of the new Land and Buildings Transaction Tax (LBTT) in April, as high end buyers sought to complete expensive purchases under the old stamp duty rates,’

Read in full the Scottish House Price Index for Feb 2015 from Your Move

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