Nearly four in ten sellers cut their prices
Thursday 16th August 2012
Nearly four in ten properties have had their prices cut since being launched on the market, says Zoopla.
The proportion (37%) is the highest for nine months, says the property portal.
The average asking price reduction is £19,000, with the biggest reductions in Newcastle and Liverpool.
Wakefield tops the list of places with the highest proportion of price-reduced properties on the market today (51%), followed by Rotherham (45.6%) and Barnsley (44.7%).
Even in London, which has the lowest proportion of properties for sale where the prices have been cut, 29% of homes have been reduced, on average by 7% – which in London works out to £44,118.
(0) Comments | Report Abuse
DISCLAIMER:The views contained in these user comments are not endorsed by Introducer Today(nor its associates and advertisers) in any way and are provided by users who wish to publish their independent opinions on our news.Whilst every effort is made to moderate these comments,due to the instant nature of the posting not all offensive material can be removed instantly.Please help us keep the comments areas tidy by reporting details of any infringements to email@example.com
Editorial Contact Details - Rosalind Renshaw