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Article: Scottish house prices leap 10.5 per cent
- Article from:
- The Scotsman
- Article date:
- November 19, 2002
- Author:
CopyrightCopyright 2002 The Scotsman. Provided by ProQuest LLC. (Hide copyright information)
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BUBBLING it may be, but the Scottish house market showed no signs
of boiling over in the three months to October as the average value
headed onwards and upwards to 78,593 pounds.
According to the latest snapshot of the property market from
Lloyds TSB Scotland, house prices increased by 6.5 per cent in the
quarter to last month.
That was the biggest gain on record since Lloyds TSB began
comparable figures in 1996. On an annual basis, Scottish house prices
rose by 10.5 per cent - again the highest rate on Lloyds' books in
seven years.
Edinburgh blazed a trail at the front of the Scottish market, with
house prices galloping ahead at an annual rate of almost 25 per cent.
A typical house in ...