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The Independent UK
The Independent UK
Business
Vicky Shaw

‘Potential tipping point’ for UK property market as house prices drop

PA Archive

Price sensitivity is showing signs of returning to the housing market as house hunters’ buying power takes a hit, according to a property website.

Zoopla said 6% of homes listed for sale have seen the asking price adjusted downwards by 5% or more, marking the highest level since before the coronavirus pandemic.

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