Rising discounts on asking prices
More than a third of UK properties currently for sale have had their asking prices lowered at least once, according to property website Zoopla.co.uk.
The average discount available off of property now is £19,580, or 7.5%.
The average discount is more than £1,000 higher than this time last year, with the biggest discounts in Glasgow (9.2%), Blackpool (9%) and Maidstone (8.5%).
February 10, 2012