Wednesday, Aug 15, 2007
"There is clear evidence that the Scottish house price boom is ending"
Scotsman: Signs that Scottish property boom is ending as prices slip
They're telling us about a report from Lloyds TSB: "In the three months to July 2007, property values in Glasgow and Aberdeen dropped by 1.2 per cent and 1.4 per cent respectively, compared with the previous quarter." This is the most downbeat report on Scottish house prices I've seen so far. Usually there's a spokesman from one estate agent or another explaining that the market's levelling off a bit, but that we can continue to expect modest growth; however, in this article all of the quotes appear to acknowledge that the party's over.
Posted by scunnered @ 12:55 AM (135 views) Add Comment
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