House prices: Desperate home sellers slash record amounts off | Mail Online
Over a third of properties currently up for sale have been reduced in price at least once since coming on to the market, research has revealed.
It shows that home sellers are resorting to desperate measures in order to shift their property amidst a backdrop of poor sales figures.
Data from property search website zoopla.co.uk found that 36.7 per cent of properties up for sale have had a reduction, with an average discount of 7.5 per cent – or £19,580 - a record high for the report.
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