The Scottish housing market has held up relatively well in the face of economic headwinds, with year-on-year house prices up by 3.8% during the first quarter this year.
However, Rettie & Co analysis of data from the Registers of Scotland also showed that the overall number of transactions was down by 11%.
Overall turnover on the value of property sold across Scotland dropped to £4.1bn - from £4.4bn during the first quarter of 2022 - with total number of transactions down to 19,124 - from 21,496 year-on-year.
