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U.K. home sellers cut prices as recovery in ‘paralysis’

Posted on 17 January 2012

U.K. home sellers cut asking prices for a third month in January, according to Rightmove Plc, which said the property market will remain “challenging” this year.
Average asking prices in England and Wales fell 0.8 percent from December to 224,060 pounds ($343,000), the lowest in a year, the operator of Britain’s biggest property website said in London today. In the capital, values gained 0.8 percent………………………………………..Full Article: Source


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