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Edinburgh House Price Report - August 2010

  • Average house price in Edinburgh in August stood at £229,098 following an annual rise of 11.2%.
  • Demand remains higher for family homes with the headline rate of house price inflation pushed upwards due to the increased number of larger properties selling.
  • The number of homes sold increased annually for the seventh consecutive month, but the rate of growth was the lowest recorded during that period.
  • The number of properties available for sale has risen throughout 2010 due to an excess of supply over demand.
  • The average house price, having risen during Spring and Summer, is likely to fall back to levels seen at the start of 2010 in coming months.

Download the full report here

Posted on Friday, 10 September 2010 under Website

 

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