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The Scottish real estate market, in full growth boom, has set a new high price in November, according to a report released Friday by the real estate agency Your Move.
Values in the country rose 6% a year in November, pushing prices up to an average of £ 186,142 (USD 245,645).
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The increase far exceeds that observed in England and Wales, where annual growth in real estate prices in November was only 0.9%.
The market's performance in recent months has been very positive, "said Christine Campbell, Managing Director of Your Move Scotland.
"When we see a slowdown in housing price growth south of the border, it is encouraging that the real estate market in Scotland continues to exceed expectations," she added.
The two largest cities of Scotland, Edinburgh and Glasgow, contribute to price growth.
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In Edinburgh, real estate prices have risen by 16% a year to £ 295,665, a new high thanks to a number of expensive home sales. In November, five sales of homes worth £ 2 million or more were sold, a not insignificant figure considering that for the whole of 2018, 10 such sales were recorded. in the city still available).
Another record was set in Glasgow, where prices were pushed to a new record average of £ 165,245, up 6.7% from November 2017, the report said.
On an annual basis, both cities accounted for nearly 60% of the increase in average prices.
But it is Na h-Eileanan an Iar (also known as the Outer Hebrides), an island chain off the west coast of Scotland, which has seen the highest price increase. Values rose 24.4% to a new high of £ 136,369, based on relatively low sales, the report said.
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