UK home sellers cut prices by most in a year, Rightmove says
UK home sellers cut asking prices by the most in a year this month as the escalation of the euro- area debt crisis deterred buyers and increased uncertainty about the outlook for the economy, Rightmove Plc said.
UK home sellers cut asking prices for a third month in January, according to Rightmove Plc, which said the property market will remain ``challenging'' this year.