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UK homeowners selling for 4.5% below asking price, survey shows

Zoopla says more properties came on the market in May than a year ago, giving buyers more choice

UK homeowners are agreeing to sell for about £16,000 below the average asking price amid the busiest month for home sales since the pandemic boom, according to a leading property website.

House sales have climbed by 6% this month compared with May last year, Zoopla found, and 13% more homes came on to the market, giving buyers more choice and helping to boost activity.

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