House Prices Fall Again

The average price of house in Scotland suffered it's sharpest monthly decline for 3 years last month.

A new report blames wet weather and the olympics for the drop of 1.2% The average price for a house is now £143k.

Despite the decrease, experts said there was room for cautious optimism as the figures could just be ``a blot on the copy book of recovery''. 

The average house price was down 2.1% on August last year, the latest LSL/Acad Scotland House Price Index shows. It means the cost has now returned to its November 2009 figure, at the time when prices were recovering from the housing crisis of 2008.