TRADE body Homes for Scotland has responded to the publication of the Halifax December House Price Index, which shows Scottish growth of 2.6% in 2023 compared to 1.7% for the UK overall.
Jane Wood, chief executive of Homes for Scotland, said, “Today’s report shows Scotland as the second strongest nation or region in the UK with 2.6% growth in the price of the average home. The new year has started with major lenders reducing rates and Moneyfacts reporting average two and five-year fixes at their lowest levels in nearly seven months.
“Together with Scotland’s better affordability, this should prove a confidence boost for buyers, particularly in the context of house price growth, as Halifax says, likely being driven by lack of supply.”
