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catmandu

Scottish Property Market Buoyed By Spring Activity

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Here we go again in the Herald

I try to avoid painting media as VI, but I've seen so many lurid property headlines in the Herald that I'm tempted to do so this time.

There are two stories here - volumes are up, and prices are down 1.4% drop. Guess which story grabs the headline and the main theme of the article.

See above link for full article.

THE number of property deals jumped last month as buyers returned to take advantage of the spring housing market, according to a new survey.

The research by the Royal Institution of Chartered Surveyors Scotland found that in April 25% more surveyors north of the Border reported that new sales agreements rose rather than fell, more than double the 12% who did so in March.

It is a clear indication that the Scottish property market outlook is better than Britain’s as a whole as UK average house prices fell at their fastest annual rate for 18 months during April, according to the Halifax.

The average cost of a home dived by 1.4% during the month to stand at £160,395, the lowest level since July 2009.

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BBC exactly the same. Cherry pick - cherry pick - cherry pick.

BBC

Seems it is the Scotsman of all places who are being more realistic these days. Nice to read the comments section. So many of the public have now woken up to reality.

Scotsman

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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