House prices in Scotland have outperformed the rest of the UK, with the average property rising by £13,000 in the past year, according to market analysis.
The soaring property values north of the border defy high interest rates and concerns over the economy and eclipse those in England and Wales which have increased by £8,500 over the same period.
The cost of the average home in Scotland rose by £13,001 to £199,971 in the year to August 2024, with experts predicting the average price would soon surpass £200,000 for the first time.
Analysts believe the steady growth “shows a market which remains resilient and growing”.
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Across Scotland there were substantial