News Archive for December - 2017

Asking prices are being cut more heavily than at any time in the past six years, says Zoopla.

It says just over 35% of homes listed on that site and PrimeLocation have marked down their price.

The average asking price reduction across the country currently stands at �25,562.

Homes in Richmond and Kingston upon Thames in south-west London have some of the largest reductions in sale prices - up to �84,244. Around 50% of listings in ...

Rightmove is warning that the asking price of property coming to market has fallen by 2.6% in the past month - equivalent to �8,178 on an average home - and this is the largest monthly fall for five years.

The portal, in its latest monthly market snapshot, says this slump is symptomatic of what it calls �the more challenging market some sellers find themselves in�.

The portal is forecasting national average asking price growth of ...

The average home in England and Wales now sells for very nearly 4% under its original asking price - a gap that is larger than this time last year.

Research by Zoopla shows that current sale prices are on average 3.86% less than asking prices - that�s around �10,623 in cash terms - and that this asking-to-selling price gap is 0.32%t bigger than last year.

Homes in the south east currently sell closest to the asking price � just a ...