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TMCNet:  Scots house prices deliver welcome lift [Evening Times (Glasgow, Scotland)]

[January 15, 2014]

Scots house prices deliver welcome lift [Evening Times (Glasgow, Scotland)]

(Evening Times (Glasgow, Scotland) Via Acquire Media NewsEdge) The Scots property market is making "solid progress on all fronts", prompting renewed optimism for the year ahead, according to a report.

A pick-up in house prices across the country, a swift rise in sales levels and continuing improvements in mortgage conditions are seeing the property market "power on ahead like a freight train", the study found.

The LSL/Acadata Scotland house price index concluded the recovery is now being felt nationwide, with a surge in first-time buyers stirring up activity at the lower end of the market.


But it cautioned that many buyers remain unclear about the direction of the economy this year.

(c) 2014 ProQuest Information and Learning Company; All Rights Reserved.

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