INVERCLYDE remains the cheapest place to buy a home in Scotland, despite prices jumping up by six per cent in November.
Latest analysis by chartered surveyors Walker Fraser Steele shows that, on average, a house in the area now costs £141,307.
This represents an increase on October’s average price of £133,263, and an annual rise of 0.9 per cent.
Nationally, prices have remained almost exactly the same year-on-year, with the 2023 figure being just £16 lower than that of 2022.
Scott Jack, regional development director at Walker Fraser Steele, said: “With underlying trends such as mortgage affordability improving now, more buyers will re-enter the market providing competition for the cash purchasers, who currently represent 36 per cent of all sales in Scotland, which will further boost confidence."
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here