House prices in Aberdeen and Aberdeenshire have experienced the lowest level of growth in Scotland as uncertainty over the region’s reliance on the oil and gas industry has weighed on property values, new research shows.
Westhill in Aberdeenshire remains the most expensive town to buy a home, according to new research from Bank of Scotland.
Property: City average of £172,870 compares to price in country of £143,131
House prices in Aberdeen have plummeted by 8.7% during the past year - more than anywhere else in the UK.
The surge in Norwegian house prices accelerated in August, adding pressure on the central bank to hold off on a plan to cut interest rates.
Aberdeen has seen the steepest drop in Scottish house prices with the price of an average home falling 6.8% to £212,598 in 2015.