‘Time to build’ as home sales soar 16%
House sales in the Highlands and islands have soared back to levels not seen since the global financial crisis started to bite seven years ago.
The number of properties changing hands jumped by 16% last year compared with 2012. But new figures have revealed that the number of houses on the market – or “active properties” – has fallen by 29% over the year, meaning they are selling more quickly than they are coming on the market.
The possibility of demand outstripping supply led to calls last night for more housebuilding in the north.
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