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13/05/2008
Scotland Sees Fastest Growth In £1m Home Sales
Scotland delivered the fastest growth rate in million pound property sales in the UK over the past year according to a Halifax survey.
Million pound property sales have risen by 138% from 144 sales in 2006 to 343 in 2007.
Martin Ellis, the bank's chief economist, said: "Edinburgh continues to account for the significant majority of £1m sales."
28 million-pound homes were sold in Glasgow and there were 22 sales in Perth and Kinross.
At the other end of the scale, London recorded the slowest rate of growth (25%) despite recording the largest increase in the number sales of the past year, followed by the East of England (30%).
(GK/JM)
Million pound property sales have risen by 138% from 144 sales in 2006 to 343 in 2007.
Martin Ellis, the bank's chief economist, said: "Edinburgh continues to account for the significant majority of £1m sales."
28 million-pound homes were sold in Glasgow and there were 22 sales in Perth and Kinross.
At the other end of the scale, London recorded the slowest rate of growth (25%) despite recording the largest increase in the number sales of the past year, followed by the East of England (30%).
(GK/JM)
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
