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Weaker May Sales Suggest Cooling Momentum but Prices Still up on Last Year
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Weaker May sales suggest cooling momentum but prices still up on last year
Following a run of strong performance, Scotland’s housing market recorded its first monthly decline in average prices this year, according to Walker Fraser Steele’s latest House Price Index, powered by Acadata. The data shows average prices in May fell by nearly £1,700 compared to April, settling at £230,700. While this represents a 1.8% annual increase, the figure is down from April’s 2.9% year-on-year growth. The regional picture was mixed. Fe…
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