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Scotland: Another year of pain on the cards for the housing market - but there are signs of hope

Posted on 05 October 2011

With house prices barely moving and sales levels stagnant, there is growing uncertainty over the direction the Scottish housing market will take next. After a few falls earlier this year, house prices in Scotland have been static in recent months, with the exception of some modest declines over the summer.
That reflects a market in which first-time buyers remain on the periphery and demand remains low, putting pressure on sellers to lower their expectations. And whether you are looking to sell, buy or change your mortgage, deciding what to do is complicated by some big question marks over the outlook for the coming months……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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