A record number of home
Photo: Gustav Sjöholm/TT

A record number of home sellers are lowering their prices

The proportion of home sellers forced to lower their prices is reaching new highs. On average, those who were too optimistic are forced to cut their starting price by nine percent.

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The housing site Booli continuously measures how many sellers have to back down from their original price. Just over 27 percent of sellers had to lower their original price in the past month to get a buyer on the hook.

This is the highest figure that Booli has measured and can be compared to just over 24 percent a year earlier.

"It could be a sign that more people want to sell. During the fall, sellers have been asking a bit too high, given the large supply," says Jennie Leffler, housing market expert at Booli, in a written comment.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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