Property News

The JournalApril 13, 2007

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Summary


The gulf in the price of new homes in Scotland and England has been almost closed by soaring prices north of the border, claims a new survey on the housing market.

Figures for February from the National HouseBuilding Council, which provides warranties on more than 80% of new homes, put the average new home price in Scotland at pounds 185,360 - up 16% on the pounds 160,000 recorded in February 2006.

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