Scottish house prices rise for eighth consecutive month

Figures represent longest growth spell in four years
  • @shedworking

Average house prices in Scotland were up £6,250 in April, with sales up 24 per cent in the past three months compared to 2013, according to new figures from LSL Property Services which puts the average house price at £161,402.

"This is more than just numbers on a page," said Gordon Fowlis, regional managing director of Your Move, part of LSL. "The new stability is translating into a tangible ‘feel-good’ factor for millions of homeowners, buoying consumer confidence and anticipation of future price gains.

"The forthcoming Independence referendum has not prompted potential home buyers into delaying their purchase decisions. Any uncertainty surrounding the fiscal, taxation or currency implications of an independent Scotland have not dented the confidence of homebuyers. In fact areas such as Stirling have seen sales soar by 52 per cent over the last 12 months. While transactions may be starting to cool south of the border, there are no indications of a sales slowdown in Scotland."