Property price drops 'less likely'

AOL Money Staff
House prices
House prices

House sellers are less likely to have dropped their asking prices than they were three months ago and are offering smaller discounts, a study has found.

Sellers are holding firm despite the recent withdrawal of a stamp duty concession for first-time buyers and stamp duty hikes at the top end of the market, which both prompted concerns that sellers would be forced to slash their prices, property website Zoopla found.