Friday, Oct 12, 2007

Oil Capital Property Prices see 2% quarterly fall

Press and Journal: NORTH-EAST PROPERTY PRICE BOOM IS OVER, WARNS EXPERT

The warning comes on the back of new figures issued yesterday showing the average house price in Aberdeen has suffered its biggest drop in two years.

Figures from the Aberdeen Solicitors Property Centre (ASPC) suggest that there has been a 2% drop in the average Aberdeen house price in the third quarter of 2007.

In the last three months there has been a huge increase in the amount of properties on the market, while the number of homes for sale at a fixed price has risen by more than 170% from 154 to 410 since the summer.

Posted by anthony @ 02:57 PM (186 views) Add Comment

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