Newly listed property asking prices edged upwards by an average of £1,950 this month, says Rightmove - but many sellers are reducing the price later as they struggle to sell.
The average size of reductions is also the largest since January 2011, coming on the back of a slump in the housing market as the Bank of England has sought to curb soaring inflation by pushing up borrowing costs, including for mortgages.
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