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UK: Property asking prices cut by most in four years

Posted on 22 November 2011

House sellers have cut their asking prices by the largest amount for four years, as the relentless flow of bad economic news damages confidence, according to the latest figures from Rightmove.
The average asking price was cut by £7,528, or 3.1pc, from the previous month in November - the biggest sum since December 2007. The average asking price is now £232,144………………………………………..Full Article: Source


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