Property prices in key cities across the world increased by 3.5% on average in the second quarter of 2019, led by annual growth of 25% in Xi’an in Chine, the latest international index shows.
Prime property prices in key cities around the word are continuing to moderate with the latest data showing they increased by 1.3% year on year, down from growth of 4.3% two years ago.
Scotland's economy slowed in November although more jobs were created, according to the latest monthly survey by the Bank of Scotland.
It warned that the year ahead will be challenging because of a slowdown in trade with Europe.
Homebuyers in Scotland will pay no tax on properties costing less than £135,000, Finance Secretary John Swinney has announced.
And a 12% marginal rate for houses costing more than £1m will come into force next April, when stamp duty is replaced north of the border.
The right of council and social housing tenants to buy their homes at a discounted rate is to be abolished in Scotland after MSPs backed scrapping the measure.
The Conservatives made a last-ditch attempt to block the move at Holyrood.
But MSPs voted by 103 votes to 12 against the Tory amendment to the Housing (Scotland) Bill.
Sales of let farmland are the exception in Scotland. Most let farmland exchanges privately in off-market transactions and of those, the vast majority involve either the sitting tenant acquiring their farm from their landlord or vice versa, writes Bell Ingram director Mark Mitchell.
Of the let land sold in Scotland in any year, the majority are farms subject to secure agricultural tenancies where the basis of value is well established, but there are also a small number of sales of land occupied on limited duration tenancies (LDTs) and short limited duration tenancies (SLDTs).
Average incomes of Scottish farm businesses fell by 34% to £30,000 between 2011-12 and 2012-13, according to figures from Scotland’s chief statistician.
Average prices rise by £6,073 – largest annual increase since September 2010 and showing no negative response to independence debate.
Donald MacLellan, Chairman of Walker Fraser Steele Chartered Surveyors, part of LSL Property Services, comments:
“The enthusiasm of property investors suggests the Independence debate is having no impact on confidence within the Scottish housing market. Scottish prices are up £1,680 in January...
Latest figures from Solicitor Property Centres Scotland show a 36% rise on house sales in the final quarter of 2013 compared with the previous year.
The average house price between October and December 2013 also rose to £179,223 - an increase of 4.8%.
Over three quarters of Scottish regions see price rises in November.
Richard Sexton, director of e.surv chartered surveyors, part of LSL Property Services, comments:
“The property market in Scotland is powering on ahead like a freight train. Price rises of £2,146 in November reflect the largest increase in a single month, since June 2007 when prices were up b...
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