£148bn residential sales

Residential sales in Scotland in the last 10 years totalled almost £150 billion, according to new figures.

A Registers of Scotland 10-year property market report showed the total value of residential sales between 2006 and 2016 was about £148.2 billion.

The research details trends in the land and property market over the decade’s peak years and in the wake of the economic downturn.

The report found there has been an increase in average house prices of 19.7% from £139,207 to £166,624.