Experts surprised to see Aberdeen house prices rise in latter stages of 2020 Experts have expressed their surprise after Aberdeen house prices rose in the final quarter of 2020 - bucking the normal trend.
A report, based on data from ASPC and Aberdeen University’s Business School, showed prices went up by 3.3% on the previous quarter.
Year-on-year prices also went up, by an average of 4.9%.
John MacRae, chairman of ASPC, said: In 2020, we have seen the fourth quarter produce the unexpected results of positive movements, this is a surprise to me, and a rather welcome one. Let me hasten to dampen speculation that this may herald a return to rising prices – I think the figures may be reflecting a particular set of circumstances rather than a trend.