People trying to sell their homes in the south of England are having to accept increasingly bigger discounts to the asking price.
Hometrack, which provides residential property data, said that the largest discounts were in London and Oxford, of up to 4.7% on average, and in Cambridge, of 3.1%.
House prices in London rose by 0.8%t in the year to April, 1.3% in Oxford and 0.1% in Cambridge.
