Scottish property boom 'at an end'

Lloyds TSB’s latest Scottish house price monitor found average prices fell 1.6% in the three months to the end of January, with only two cities recording price rises during the period. The monitor claims the average Scottish home costs £163,211 and has risen 14% over the past year, with some areas seeing prices jump 30% in the past twelve months. Of Scotland’s cities, only Dundee and Edinburgh saw prices rise on a quarterly basis, up 1.5% and 0.9% respectively, while the South West region – excluding Glasgow – saw prices rise 1.4%. Glasgow was the worst performing city on both an annu...