The average house price in Scotland rose 0.6 per cent in May, driven by surging prices around Glasgow.
The typical home north of the Border now costs £175,070, according to the latest Your Move Scotland House Price Index. May’s rise takes the yearly increase in prices to 3 per cent.
The average Scottish price was heavily dependent on activity around Glasgow. The increase in prices in the city in May represented 60 per cent of the total monthly rise of £1,014 seen across Scotland as a whole.
The articles are for information purposes only and Invest for Property shall not be held responsible for any errors, omissions or inaccuracies within it. Any rules or regulations mentioned within the website are those relevant at the time of publication and may not be the most up-to-date.
Invest for Property does not endorse any of the products or services that appear on it or are linked to it and are not liable for any action that you may take as a result of the content of this website, or losses or damage you may incur doing so.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.
Please remember that investments of any type may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.