The Herald
The Herald
UK · 22 mins ago

The Scottish property hotspot where house prices are falling

A town in Fife has been revealed as a surprise property hotspot despite house prices falling. Buyers are paying a premium to snap up homes in Dunfermline, with strong demand for houses at the more affordable end of the market. The city's average property price dropped by 6.8% year on year, likely due to a large reduction in the sale of four-bedroom houses. However, growth is being driven by a sharp rise in sales of smaller, cheaper two- and three-bedroom properties. Dunfermline's demand remains especially strong, with buyers paying one of the highest premiums, at 103.5% of the Home Report value on average. House hunters are looking for affordable homes (Image: Yui Mok) Dunfermline was also home to the cheapest property type on the market, according to the latest Edinburgh Solicitors Proper
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