Scottish house prices increase by a quarter
Registers of Scotland said 14,662 properties were sold between January and March, compared with 11,799 over the same three-month period in 2009. The figures include all records of sales, including those without a mortgage.
Between the same periods, the average property sale price increased by 5.4% to 147,854. Flats showed the largest increase, up by 7% to 114,444.
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Hide AdThe total value of residential property sales in Scotland was worth 2.16 billion – a 30.9% increase on the previous period.
Average annual price rises take into account drops in parts of the country, including 8.6% in East Dunbartonshire and 4.1% in Moray.
The largest increase was in Inverclyde, where prices rose by 27.7% to 130,856.
The volume of sales increased in most areas, including a 30% rise in Aberdeen.