Highland house prices up 6% in a year, figures from Registers of Scotland reveal
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HOUSE prices in the Highlands jumped by six per cent year-on-year in July, new figures reveal.
The average price in the Highland Council area was just shy of £170,000 in July, compared with just over £160,000 in the same month last year.
The percentage increase was one of the biggest in Scotland, with only Dumfries and Galloway (6.3%), East Dumbartonshire (6.4%), Na h-Eileanan Siar (7.3%) and Stirling (6.2%) posting higher relative jumps.
The average house price for Scotland stood at £153,968 – a rise of 1.4% over a year and 0.7% over a month.
Scotland's rise was more than double the 0.7% annual rise recorded in the UK as a whole, the Registers of Scotland revealed.
Business Development Director, Kenny Crawford, said: "The UK house price index (HPI) shows that house prices in Scotland grew twice as fast as the UK average in July 2019, and have been growing faster than the UK annual rate in all but three months since December 2017.
"On average, Edinburgh is still the most expensive place in Scotland to buy a home - house prices have risen almost £8000 in the city over the past year, but areas such as East Dunbartonshire and Stirling have shown large increases too. By contrast, between July 2018 and July 2019, the average price of residential property in the city of Aberdeen fell by around £10,000.