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Increase in area’s house prices

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By Fiona Reid
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Increase in area’s house prices

HOUSE prices in Dumfries and Galloway have gone up 2.6 per cent in the last year.

New figures show that the average house price locally in March was £185,379, compared to £180,694 the year before.

It’s still below the Scottish average of £223,525.

However, the team at Walker Fraser Steele say there’s been the strongest Scottish house price growth for a year.

Regional director Scott Jack said: “In March, average property prices in Scotland increased by 1.4%, or almost £3000, following a five month decline. This was a far stronger performance than that witnessed in the English and Welsh markets.

“This significant turnaround speaks volumes about the negligible movement we have seen in recent months.

“With a general election due this year, we know housing is a key issue for voters and we may yet see some further promises made to buyers and owners before a vote later this year. That would give further impetus to this positive trajectory.”

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