More people now expect property prices to rise than fall in Scotland over the coming months, new figures show.

Statistics from the Bank of Scotland reveal 28 per cent, around one in three of those polled, believe prices will increase in 2012.

Overall, the Bank of Scotland Housing Market Confidence presented a balance score of +4, compared with the -18 recorded in October, when 17 per cent expected an increase and 35 per cent predicted a fall.

Just three of the 11 regions in the UK expected a house price fall this year. Those in London are most confidence about prices rising.

Nitesh Patel, housing economist at Bank of Scotland, said: “The modest improvement in consumer confidence in the outlook for house prices reflects the resilience of the housing market in Scotland over recent months.”

He added the bank currently expects house prices to remain stable in 2012.

The average house price in Scotland now stands at £163,091, according to figures from the registers of the Scotland Executive Agency, compiled by the BBC.

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