Home Comfort with End of Slump in Sight

Summary


THE painful slump in the Scottish homes market is showing signs of coming to an end, according to a new analysis of house price trends.

Although prices may still continue to drop for several months, the rate of decline is slowing and a recovery could start by the end of the year, says house price website Myhouseprice.com.

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Home Comfort with End of Slump in Sight

Property experts also claim they are witnessing more activity in the market, in which prices plummeted an average of 12 per cent in 2008, with more sales being concluded as sellers reduce prices.

Figures from the Bank of Englan...

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