ANNUAL house price growth in Scotland grew to 6% in November, dwarfing both England and Wales.

South of the Border, average prices dropped below 1%, while Scotland reached a new peak average house price, rising to £186,142 – up from £175,541 in 2017, according to analysis by Your Move and Acadata.

Christine Campbell, managing director of estate agent Your Move in Scotland, said the activity north of the Border had gone from “strength to strength”.

She added: “When we’re seeing a slowdown in house price growth south of the Border, it’s encouraging to see that Scotland’s housing market continues to exceed expectations.”

And Alan Penman, business development manager for Walker Fraser Steele – one of Scotland’s oldest firms of chartered surveyors – welcomed the country-wide growth.

“It’s certainly true that the Scottish market seems to be defying gravity. Looking at its strong fundamentals, though, it’s not immediately clear what’s going to bring it down to earth.”

Increasing costs in Scotland were widespread, with nine local authority areas seeing new average house price peaks set in November 2018.

In Edinburgh, prices rose 3.3% in November alone, accounting for half of the 0.7% growth across Scotland that month. That meant the capital city saw an annual increase of 16% on 2017, taking the average price of a house there to £295,665 – one of the highest rises in the UK.

But the city didn’t boast the highest annual growth in Scotland. Clackmannanshire, with an 18.5% increase, and Na h-Eileanan an Iar, with a 24.4% rise, both surpassed Edinburgh.

Even in Glasgow City, where prices only grew by 0.1% over November, the increase was enough to set a new peak average of £165,245.

And a number of other areas had a successful year for growth, including the Highlands (6.4%), West Lothian (7.8%), Moray (6.1%), Angus (8.5%) the Orkney Isles (8.9%) and South Lanarkshire (4.2%).

Overall, 29 of Scotland’s 32 local authorities saw an increase in home value over the year.

But analysts pointed out one area of concern for the market, reporting that year-to-year transactions for the first eight months of 2018 were 4% lower than in 2017.