House prices are rising at more than £100 a day in parts of Scotland - with Edinburgh coming in at an eye-watering average of £102 a day.
The news comes as ESPC revealed that average selling price in Edinburgh has risen by a whopping 6.4 percent - with the average home price now at £295,979.
READ MORE - The three Edinburgh neighbourhoods where homes are selling at the fastest rate
Meanwhile, out in neighbouring county East Lothian, prices are rising by £109 a day.
The average house price in East Lothian rose by 16 percent in the year to March, according to latest figures from the Office for National Statistics. That was an increase from £248,479 to £288,178 in a year - meaning, on average, house prices have grown by £39,699, or the equivalent of £109 a day.
West Lothian properties are rising on average by £58 a day, while Fife is seeing price increases of £53 on average daily.
Nathan Emerson, CEO of Propertymark, which represents estate agents, said: “The year-on-year increase shows there is still plenty of momentum within the housing market, however we are now seeing some signs of things starting to cool.
“But we keep coming back to the issue of low supply being the main driver of rising prices. Our member agents are telling us that it’s still an issue and that the number of people looking to buy remains far higher than the number of properties they have listed. This, coupled with incredibly low borrowing rates, is likely to maintain prices in the short to medium term.”
