Aberdeen (aka The Granite City) has experienced the fastest rise in house prices during 2006 when the rise was 27pct to an average GBP172,000 ($327,000). Aberdeen was also the only Scottish entry in top 20 best performing locations in the U.K.

Behind Aberdeen ranked Kilmarnock and Motherwell with 25pct rises. Edinburgh is the most expensive location in Scotland with an average price of £203,000, up 12pct.

Aberdeen's real estate has benefited form a strong local economy, especially the energy sector.

The average home in Scotland now costs nearly 4 times the average household income.

Contact catswhiskerstours to learn about Scotland's business environment.

Labels: Scotland's Economy

posted by Nigel Cole @ 6:38 AM