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Two years before a Scottish housing market recovery

Posted on 11 May 2011

The Scottish housing market is at least two years away from a recovery as squeezed household incomes, public-sector cuts and lending restrictions continue to suppress demand, it has been claimed.
The latest residential property report from Savills predicts that house prices in Scotland will fall 2.5 per cent this year before stabilising in 2012. They are unlikely to rise before 2013, said the estate agent, before rebounding by 3.5 per cent in………………………………………Full Article: Source


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