Property News · August 20, 2018

UK home sellers tempt wary buyers with record late summertime discounts, especially in London


UK home sellers are offering the deepest summer price cuts on record as they try to get rid of their homes during the holidays.
The average asking price for homes across the country in August tumbled 2.3 per cent from July, according to property website Rightmove’s housing index. In London, the plunge was even steeper at 3.1 per cent.
While it is common for sellers to cut their asking prices over the summer, this year’s August drop was the steepest since Rightmove started publishing…

Source : South China Morning Post
Read more…UK home sellers tempt wary buyers with record late summertime discounts, especially in London

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