House prices in Scotland surge as southern cities hit affordability wall

Glasgow and Edinburgh have housing prices that are outpacing the rest of UK cities. An average growth rate of 7.9 p as compared to the average which was at at 6.3p. The affordability of houses in this area compared to areas southeast and in London has lower barrier of entry. Not all areas in Scotland were as lucky due to the sinking oil prices. Next year growth is expected to slow, as an example in london which is expected to be at 1pc.

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