House prices in Scotland rose 0.9 per cent in May, taking the average value to £172,119 - still down on a year ago and using data from before the EU referendum result.
The figures, from Your Move, are affected by the three per cent Land and Buildings Transaction Tax surcharge levied on buy to lets and second homes since April 1 - and the rush to beat that LBTT surcharge deadline accounts for the fact that the 11,008 transactions in March were the highest since 2007.
“The Scottish market is starting to get back to some sense of normality, yet with Brexit there could be some changes ahead” warns Christine Campbell, Your Move managing director in Scotland.
“The next few months are going to be interesting, but thus far the sentiment is very much business as usual, with the market remaining buoyant.”
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