Average house price rise

Data from the Registers of Scotland shows that the average price of a house increased by nearly nine per cent on this time last year.

By The Newsroom
Tuesday, 27th October 2015, 3:17 pm
12/10/10 PA File Photo of For Sale signs. The housing market has been sending out some rather mixed messages lately. On the one hand there is news that house prices have reached record highs. On the other, a wave of reports suggests demand in the market is calming down amid a growing mood of caution, See PA Feature FINANCE Finance Column. Picture credit should read: Rebekah Downes/PA Photos. WARNING: This picture must only be used to accompany PA Feature FINANCE Finance Column
12/10/10 PA File Photo of For Sale signs. The housing market has been sending out some rather mixed messages lately. On the one hand there is news that house prices have reached record highs. On the other, a wave of reports suggests demand in the market is calming down amid a growing mood of caution, See PA Feature FINANCE Finance Column. Picture credit should read: Rebekah Downes/PA Photos. WARNING: This picture must only be used to accompany PA Feature FINANCE Finance Column

The figures, which measure the median prices of residential properties against the second quarter of the 2014/15 financial year, show the average property currently costs £152,000.