4 Aug

Houses for sale in Scotland 'have increased'

Houses for sale in Scotland 'have increased'

Homeowners in Scotland will be pleased to hear that the country is experiencing a positive market with property values rising, it has been said.

The Herald newspaper in the country reported that Registers of Scotland figures revealed a first-quarter rise in the price of houses for sale in Scotland valued between £20,000 and £1 million in the past 12 months.

According to the organisation, the three-month period saw a 17 per cent increase when compared to the first three months of 2009.

"Rather than the double dip in house prices some have foretold, [the statistics] suggest a fundamental shortage of supply will mean prices will continue to edge upwards," the newspaper wrote.

The Registers of Scotland recently announced that they would begin a weekly release of information about house prices in the country, offering a look at changes over the previous four weeks.ADNFCR-1222-ID-800012874-ADNFCR

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