New statistics published today (26.04.16) show the volume of residential property sales in Scotland has increased by 18.2% during the last quarter (January to March).
There was a total of 19,802 sales across the country, which is the highest number for this quarter since 2007/08.
The average property price in the quarter was £159,198 a decrease of 8.4% compared to the previous year. East Renfrewshire recorded the highest average at £222,303, a fall of 7.9% compared with the same quarter the previous year, with the largest percentage rise in in North Lanarkshire, a which increased by 6.6% with an average price of £116,738.
The total value of sales across Scotland registered in the quarter increased by 8.3% compared to the previous year to just over £3.15 billion.
For further information, please visit the Registers of Scotland website.
Registers of Scotland (RoS) has published its latest figures on the property industry in Scotland, with the volume of residential sales rising by 14.5% in the third quarter of 2015/16, compared to the same period in 2014/15.
A total of 28,779 properties were submitted for registration between October and December, the highest volume of sales for any quarter since quarter one of 2008-09.
In addition to volume of sales, house prices are now the highest they have been since RoS began publishing its quarterly statistics in 2003. The highest percentage rise was in Inverclyde, where average prices climbed 13.1% to £132,382.
The total value of sales across Scotland registered between October and December increased by 16.3 per cent to just under £4.83 billion. This represents the highest value of sale for any quarter since quarter one of 2008-09 with East Ayrshire recording the highest increase in value with sales of over £66 million, up 33.9 per cent.
For more information, visit the Registers of Scotland website.