Scotland's Housing Crisis Hits Record High

Scotland’s housing market just shattered records, with sales hitting £24.3 billion last year—the highest since 2003. Median prices now sit at £198,000, five times the average salary, as the government declares a housing emergency amid soaring costs and a shrinking supply of affordable homes. Sales surged 7% year-on-year and 45% over a decade, outpacing even pre-2007 highs. But progress on building 10,000 affordable homes annually is lagging, with net new homes actually declining by 628 last year. Glasgow led with a 57% price jump, while Aberdeen saw a 29% drop—flats grew slowest, semi-detached homes fastest. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/99b4aa76bd0edf8f