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Article Pent-up lockdown demand and impact of working from home feed in to Savills upgraded house price forecasts By Hector MacKenzie Published: 11:00, 09 March 2021 Get the Ross-shire Journal sent to your inbox every week and swipe through an exact replica of the day s newspaper Faisal Choudhry: â2021 is going to be a complex and uneven year, with competing forces impacting the housing market at different points. A PROPERTY group has upgraded its house price forecasts and shared some home truths about the Scottish market. Savills has changed its 2021 UK house price forecasts from zero to four per cent growth. And the firm has speculated that the experience of working from home for many during the Covid-19 pandemic may feed in to future property demand with a premium on more space and surrounding green areas. ....
PREMIUM According to the latest UK government House Price Index, the average property value rose by almost 10 per cent. New figures have revealed that house prices in Scotland are going through the roof, despite restrictions on people s daily lives and businesses which make it difficult to buy and sell. According to the latest UK government House Price Index, the average property value rose by almost 10 per cent during the 12-month period which saw the coronavirus pandemic first arrive, and then become firmly established in Scotland. House prices north of the border are now growing faster than those in the UK as a whole - with the average house now costing £165,703. The latest data shows they grew by 8.6 per cent in the year to November 2020, up from an increase of 6.6% in year to October 2020. ....