Revealed: The towns forced to cut asking prices over 8%

More current sellers have reduced the asking price of their home than at any time in the last year, the property website found.  Two in five (38.6%) of all properties currently for sale in Britain have had their asking prices reduced at least once since coming onto the market, up from 37% three months ago, and well ahead of the 32% one year ago. Even properties over £1m, where the market has been most resilient, have seen more asking price reductions. Of all £1m+ properties on the market, 27% have had their price reduced at least once, up from 25% three months ago and significantly hi...