Olympics prompts biggest drop in house seller asking prices

House sellers dropped their asking prices by the biggest percentage ever recorded by a study for the month of August as would-be buyers became engrossed in the Olympics.

Property search website Rightmove said that asking prices saw an "aggressive" 2.4% drop month-on-month to reach £236,260 on average, compared with a typical fall of 1.1% it has measured in August over the last 10 years.
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