Falling house sales highlight the SNP’s economic mismanagement declares Graham Simpson MSP

Falling house sales highlight the SNP’s economic mismanagement declares Graham Simpson MSP.

Graham Simpson MSP blasted the woeful performance of the SNP on Scotland’s housing market.

The latest report from Registers of Scotland revealed the appalling stagnation of Scotland’s housing market with house sale volumes falling across the nation.

Mr Simpson said “This is yet further evidence of the damage the SNP is inflicting on the Scottish economy. Year on year house sales across Scotland fell by 6.8 per cent in the first quarter of 2018-19. South Lanarkshire saw a fall of 3.5 per cent.

Falling house sales highlight the stagnation of local economy under the SNP’s watch. This will have an impact upon local investment and the living standards of hard working families across South Lanarkshire.

"This follows Scotland’s public services suffering to the tune of £1.7 billion over the next five years. The Scottish Fiscal Commission forecast also showed there is an immediate £220 million gap to plug in this year’s budget in comparison to the projections set out in February. Scotland’s economic growth is now not expected to exceed one per cent until 2024 at the earliest.

"The consequences of tax hikes, poor growth and low productivity look set to cost public finances hundreds of millions of pounds. The SNP Government’s policies in this area have not worked, and that is plain from these atrocious statistics. Scottish families and businesses require every help from the SNP if we are to revitalise Scotland’s sluggish economic growth.