The asking price of almost two-in-five properties for
sale in Britain has been reduced by an average of more than £26,000, new
research has found. Sellers have cut the price of 37.9 per cent of homes, up
from 32.4 per cent in April, property website Zoopla said, in the latest sign
that the UK market may be slowing down. The figures highlight big differences
in the housing market across different regions with Manchester and Glasgow performing
well while London lags behind. Read more on the Independent website.
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