Asking prices slashed to tempt home buyers from Olympics - Property - House & Home - The Independent
Sellers putting their homes on the market slashed asking prices in August in a bid to tempt would-be buyers away from the Olympics, according to the property webside Rightmove.
The company reported a dramatic 2.4 per cent fall in asking prices to £236,260 – a record fall for the month – as more homes came on to the market.
But the huge draw of London 2012 hit Rightmove as the amount of time spent property-surfing plunged sharply with traffic down as much as half during the opening and closing ceremonies, Team GB's "Super Saturday" of three gold medals and the Jamaican sprinter Usain Bolt's sprint double.
Nearly 130,000 sellers put their homes on the market in August, Rightmove said.
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