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House prices in Scotland continue to rise

The average price for a residential property in Scotland increased by 7.6 per cent in the last quarter (July to September 2005) and is now £126, 538, according to figures released today by Registers of Scotland.

This compares with a figure of £117, 626 in the previous quarter (April to June 2005) and represents an increase of 7.1 per cent over the same quarter last year.

The total value of sales across Scotland registered during the quarter is over £5 billion equating to an increase of £737 million or 17.1 per cent over the same quarter last year.



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