Property prices are falling in East Renfrewshire

House prices dropped in East Renfrewshire in February, new figures show.
The average price paid for a property in East Renfrewshire has fallen slightly, according to latest figures.The average price paid for a property in East Renfrewshire has fallen slightly, according to latest figures.
The average price paid for a property in East Renfrewshire has fallen slightly, according to latest figures.

​The ​drop ​contributes to the longer-term trend, which has seen property prices in the area ​suffer a 0.9 per cent annual decline​.

The average East Renfrewshire house price in February was £217,620.28, Register of Scotland figures show​ – a 1.1 per cent decrease on January.

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Over the month, the picture was ​better than that across Scotland, where prices ​decreased 1.6 per cent​.

Over the last year, the average sale price of property in East Renfrewshire ​​remained level – putting the ​area 26th among Scotland’s 31 local authorities for annual growth.

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