Monthly price growth in Scotland slowed to 0.3% in April from 0.9% in March and a peak of 1.7% in February, according to Your Move.
That also meant annual price growth slowed, from 7.8% in March to 6.9% in April.
That still leaves the average house price in Scotland up by £11,800 in the last 12 months, reaching £183,994.
The growth rate is the third highest since April 2008 (other than the period around the introduction of the Land and Buildings Transaction Tax in April 2015, which led some buyers to rush to buy property to avoid additional taxes that might become payable).
Prices in Scotland are therefore growing at their highest for a decade and continue to leave the rest of the UK behind, with an annual growth of 2.1% in England, 4.2% in Northern Ireland and 5.2% in Wales.
Christine Campbell, Your Move managing director in Scotland, said: “The market in Scotland continues to power on, and the performance of Edinburgh is astounding. We should look at how we can help first time buyers, though, to ensure they don’t increasingly find themselves locked out of the market as they have been elsewhere in the UK.”
Alan Penman, business development manager for Walker Fraser Steele, one of Scotland’s oldest firms of chartered surveyors and part of the LSL group of companies, said: “Price growth in Scotland has come off the boil a little, but it had to for it to be sustainable. While Edinburgh powers on, it provides a strong foundation for the market.”
