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Comment on No Sign of Housing Market Recovery

No Sign of Housing Market Recovery

Posted on Wednesday 5th of December 2012

A recent study has shown that the Scottish housing market is showing little sign of recovery, giving little hope to the government or economists. In the three months ending in October 2012, the average residential property price in Scotland fell 5.8% according to the latest index from Lloyds TSB. This means they are 90% of the peak of 2008, with no signs of prices or transactions increasing. Coupled with this, the Scottish House Price Monitor has shown that Scottish house prices have fallen...Read More