Sunday, April 6, 2008

The crash comes to Scotland

House prices grind to a halt in squeeze

HOUSE prices in Scotland are now at a virtual standstill with the global credit crunch and the mortgage squeeze starting to affect owners throughout the country. Figures to be published this week will reveal that house price inflation in east central Scotland, where double-digit rises have been common for the past eight years, dropped to less than 2% in the first quarter of 2008.

Posted by scunnered @ 07:36 AM (318 views)
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