Seasonal Slowdown Makes Property Prices Tumble

Summary


The average property asking price fell by its largest amount in almost two years in August, a study claimed yesterday.

Prices tumbled 1.6 per cent to pounds 214,040 in August from pounds 217,580 the previous month - the largest drop since November 2004 and the first since December, according to Rightmove.

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Seasonal Slowdown Makes Property Prices Tumble

The traditional seasonal slowdown has lead summer sellers to trim their pr...

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