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Scots Vis Changing Their Tune From "surging Demand And Higher Prices"

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SCOTLAND'S property market is heading for a soft landing in 2006
, after showing the highest price inflation in the UK last year, according to HBOS group economist Tim Crawford, who predicted growth will slow from 15 per cent last year to 7 per cent this year.
The average house price in Scotland has almost doubled in the past ten years, from £60,000 to £115,000, while the number of first-time buyers in the market fell to 29,000 last year, from an all-time high of 50,000 in 2002, he told a seminar at Mortgage Business Expo Scotland.

We have gone from "strong demand and surge of buyers" to "soft landing" and next, "mild correction," followed by eventual acceptance that the economic cycle is inescapable.

Last week's propaganda:


House price surge
leads to four-year high in demand for rentals
DEMAND for rental property has hit a four-and-a-half year high as an upturn in house prices has left many people unable to afford their own place, research today revealed.

HPC 2006

Edited by Realistbear

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  • 301 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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