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A summary of the Scottish housing market



House prices in Scotland have risen by 207% since the beginning of 1983, from £27,800 to £85,212 in 2004 Q1.



During 1983-2003 house prices in Scotland increased at an average rate of 5.3% per annum.



There was no boom and bust cycle in Scottish house prices during the late 1980s and early 1990s.



House prices in Scotland have risen by nearly 40% over the past three years.

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