Half of Scots Homeowners Believe Housing Boom Years Are at an End

Summary

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THE DAYS of eye-popping increases in house prices in Scotland are over, at least in the minds of homeowners, according to an exclusive survey for Scotland on Sunday.

Half of Scots who were asked if the price of their homes would continue to soar in 2005 - as they have for the past three years - said they would only increase "a little". Only a diehard 5 per cent, hoping that the market would continue to perform double-digit wonders, said prices would leap "a lot".

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Half of Scots Homeowners Believe Housing Boom Years Are at an End

A further 18 per cent hedged their bets, saying prices would remain stable. Significantly, only 6 per cent thought prices would drop, demonstrating widespread ...

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