Sunday, September 19, 2010
Rightmove Down 1.1%
Property asking prices fell for the third month in a row during September as estate agents continued to have record levels of unsold stock on their books. The average cost of a home put up for sale in England and Wales during the five weeks to September 11 dipped by 1.1 per cent to Â£229,767, the property website Rightmove says today. New sellers have now dropped their asking prices by 3.4 per cent, or more than Â£8,000, during the past three months, wiping out half of the gains which were recorded during the first half of the year.