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Housing Today
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Sellers in UK having to discount prices by 4.5% to sell
Average annual house price rise drops to 5.3% in February this year from 8.6% in the same month last year, says Zoopla
UK house sellers have had to discount prices by an average of 4.5% to shift homes this month, the highest level for five years, according to figures released by Zoopla today.
This increase in discounting has come as the annual house price rise figure has dropped from 8.6% in February last year to 5.3% this month, the property portal said.
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