Country house prices were unchanged in the second quarter of the year, following three consecutive quarters of price growth for prime Scottish house values.
Tagged – ‘Prime scotland house prices’
Property prices in Edinburgh rose by 1% in the second quarter of the year after a 1.3% increase the previous quarter.
The prime country market began to pick up in 2013 and prices have been rising now for five consecutive quarters.
The turning point for the prime market outside London happened in early 2013 and the recovery has continued in 2014.
The average price of a prime home in Edinburgh increased by 1.2% in the fourth quarter of 2013.
The average price of a prime country house in England increased by 1.4% in the final quarter of 2013 – the biggest quarterly increase in prices in more than three years.
Prime property prices in Scotland increased by 0.3% in Q4 2013, the second consecutive quarter of price growth.
Prices for prime Scottish property were unchanged in Q2 2013 as buyer activity and interest in the market picked up, the latest index from Knight Frank shows.
Prime property prices in Scotland fell by the smallest margin in nearly two years between January and March.