Rates Rise Takes Heat Out of Scotland's Property Market

The Scotsman › May 19, 2007

Linked as:

Summary

HIGHER interest rates are at last cooling the pace of house price rises in Scotland.

The news sends a warning signal to borrowers that the relentless rises of recent years will not continue indefinitely. But this is a cool-down, not a slump.

See the full content of this document

Extract

Rates Rise Takes Heat Out of Scotland's Property Market

The 2.2 per cent decline in prices recorded by the Register...

See the full content of this document